Singapore stocks in the red amid regional rout; STI down 0.2%

SINGAPORE shares declined on Wednesday (Feb 22) along with major regional markets, after Wall Street saw its largest single-day fall in 2023 overnight.

The Straits Times Index (STI) fell 0.2 per cent or 6.82 points to 3,300.04. Across the broader market, losers beat gainers 304 to 246 after 1.7 billion securities worth S$1.3 billion changed hands.

Major Asian markets were in the red on Wednesday. Japan’s Nikkei 225 fell 1.3 per cent, Hong Kong’s Hang Seng Index shed 0.5 per cent and South Korea’s Kospi declined 1.7 per cent.