STI slips 0.1% on Monday, bucks regional trend

Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline

The Straits Times Index (STI) closed down on Monday (Nov 10), as regional indices finished higher.

The STI slipped 0.1 per cent or 4.11 points to 4,488.13. The iEdge Singapore Next 50 Index also closed lower, falling 0.3 per cent or 4.31 points to 1,448.93.

Across the broader market, advancers outnumbered decliners 329 to 226 after 1.6 billion shares worth S$1.8 billion changed hands.

The trio of local banks were mixed. DBS was down 1.3 per cent or S$0.71 at S$54.27 but was trading ex-dividend of S$0.75 per share. UOB declined 0.5 per cent or S$0.18 to S$33.68 while OCBC closed up 2.3 per cent or S$0.41 at S$18.19.

Genting Singapore was the top gainer on the STI, up 3.4 per cent or S$0.025 at S$0.77.

The biggest loser was ST Engineering, which slipped 1.3 per cent or S$0.11 to S$8.18.

SEE ALSO

Major regional indices were up on Monday. South Korea’s Kospi closed 3 per cent higher and Japan’s Nikkei 225 increased 1.3 cent. Hong Kong’s Hang Seng Index was up 1.6 per cent and Malaysia’s KLCI rose 0.5 per cent.