Singapore shares slip as banks fall; Sembcorp leads blue-chip losses
The STI ended at 5,415.91, while the broader market recorded an equal number of advancing and declining counters.
Singapore’s Straits Times Index (STI) closed at 5,415.91 on Oct 26, losing 6.25 points or 0.1 per cent. All three local banks finished lower, while Sembcorp Industries recorded the steepest decline among the benchmark’s constituents.
Sembcorp Industries ended at S$5.84 after shedding S$0.17, a fall of 2.8 per cent. At the other end of the index, Hongkong Land posted the strongest gain, adding US$0.18 or 2.2 per cent to reach US$8.38.
Among the banks, UOB dropped S$0.29 or 0.7 per cent to S$41.30. DBS finished at S$74.21, down S$0.23 or 0.3 per cent, while OCBC slipped S$0.05 or 0.2 per cent to S$28.95.
Across the wider Singapore market, 252 counters advanced and 252 declined. Trading involved 932.6 million securities, with turnover of S$1.4 billion.
CapAllianz led trading by volume as 91.9 million shares were traded. By transaction value, DBS was the busiest counter, recording S$174.8 million.
