Asian markets end Tuesday in the red; STI down 0.5%
The three local banks end mixed while CapitaLand Integrated Commercial Trust was the most traded counter on the index
[SINGAPORE] Local shares ended Tuesday (Nov 4) lower, tracking a broader decline across regional markets.
The benchmark Straits Times Index (STI) fell 0.5 per cent or 21.61 points to close at 4,422.72. Meanwhile, the iEdge Singapore Next 50 Index gained 0.8 per cent or 11.63 points to 1,460.2.
Across the broader market, decliners doubled advancers 416 to 208, after 1.8 billion securities worth S$1.8 billion changed hands.
Sembcorp Industries was the index’s biggest decliner, falling 3.3 per cent or S$0.22 to S$6.36.
Jardine Matheson Holdings remained the top blue-chip gainer for a second day running, rising 2.2 per cent or US$1.35 to US$62.10.
The three local banks ended mixed. UOB was up 0.2 per cent or S$0.07 at S$34.92. However, OCBC fell 0.2 per cent or S$0.04 to S$17.03 and DBS slipped 0.5 per cent or S$0.29 to finish at S$53.50.
CapitaLand Integrated Commercial Trust was the most actively traded counter on the STI by volume, with 42.4 million units worth S$98.9 million traded. The counter fell 0.9 per cent or S$0.02 to S$2.33.
Key indices in the region closed lower. Australia’s ASX 200 fell 0.9 per cent, while Japan’s Nikkei slipped 1.7 per cent. Hong Kong’s Hang Seng Index was down 0.8 per cent while South Korea’s Kospi fell 2.4 per cent after hitting a record high the day before.
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