Singapore stocks slide on Monday as oil prices surge; STI down 1.2%
Dairy Farm International is biggest loser on local blue-chip index, while UOL Group is the biggest gainer.
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THE Straits Times Index (STI) fell 1.2 per cent or 38.96 points to 3,187.82 points on Monday (Mar 7), as a surge in oil prices amid escalating tensions in Russia and Ukraine roiled markets across Asia.
Japan's Nikkei fell 2.9 per cent, South Korea's Kospi shed 2.3 per cent, Hong Kong's Hang Seng tumbled 3.9 per cent and the FTSE Bursa Malaysia KLCI dropped 2 per cent.
In the wider Singapore market, losers outnumbered gainers 355 to 207, with 2.2 billion shares worth S$1.8 billion changing hands.
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