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Singapore stocks slip 0.2% as all three local banks fall

Decliners outnumbered gainers 388 to 180, with S$1.6 billion worth of securities traded across the market.

By Maya Santos

Stock market price display with red and green figures
Photo: The Business Times

Singapore’s Straits Times Index (STI) closed at 5,404.02 on Oct 20, 2026, a decline of 7.98 points, or 0.2 per cent, as shares in all three local banks finished lower.

UOB dropped 0.5 per cent to S$41.42, while OCBC ended at S$28.80 after losing 0.4 per cent. DBS registered a smaller decline of 0.03 per cent, closing at S$74.43.

Among STI stocks, Jardine Matheson recorded the strongest gain, adding US$1.67, or 3 per cent, to reach US$57.41. Yangzijiang Shipbuilding was the weakest constituent, closing at S$4.99 after a fall of S$0.16, or 3.1 per cent.

Boustead Singapore led advances in the iEdge Singapore Next 50 Index, finishing at S$1.63 with an increase of S$0.04, or 2.5 per cent. Keppel Reit posted the index’s largest decline: its price fell S$0.04, or 4.8 per cent, to S$0.785.

Market turnover totalled 1.1 billion securities, valued at S$1.6 billion. There were 388 declining counters and 180 advancing counters. Addvalue Tech led trading by volume with 105.7 million shares changing hands. DBS topped trading by value at S$172.7 million, with 2.3 million shares traded.

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