STI slips 0.3% as Singapore shares close lower
DFI Retail Group led the benchmark’s gains, while Thai Beverage was its weakest constituent. Market turnover totalled S$1.4 billion.
Singapore’s Straits Times Index closed at 5,397.03 on Oct 27, losing 18.88 points, or 0.3 per cent, as stock markets across the region moved in different directions.
Declining counters outnumbered advancing stocks 257 to 250. Trading volume reached 933.4 million securities, with a turnover of S$1.4 billion. Addvalue Tech recorded the highest volume at 71.6 million shares, while DBS led by traded value, with S$245.8 million across 3.3 million shares.
Among STI constituents, DFI Retail Group posted the strongest gain, adding US$0.17, or 5 per cent, to US$3.55. Thai Beverage recorded the steepest fall, dropping S$0.015, or 3.4 per cent, to S$0.425.
The local banks split direction. OCBC edged up S$0.01, or 0.04 per cent, to S$28.96, and UOB gained S$0.07, or 0.2 per cent, to S$41.37. DBS slipped S$0.29, or 0.4 per cent, to S$73.92.
UOB Kay Hian topped the iEdge Singapore Next 50 Index’s gainers, advancing S$0.17, or 5.7 per cent, to S$3.16. Aims Apac Reit was its weakest performer, losing S$0.05, or 3.6 per cent, to S$1.35.
Elsewhere in the region, South Korea’s Kospi gained 3.1 per cent, Japan’s Nikkei 225 climbed 1.7 per cent and Malaysia’s FTSE Bursa Malaysia KLCI added 0.5 per cent. Hong Kong’s Hang Seng Index declined 0.7 per cent, while the Shanghai Composite Index dropped 1.3 per cent.
