STI bucks regional gains to slip 0.81% in first post-GE session
Key index decliners were CDL, ThaiBev, SATS and ST Engineering; big price movers included Oceanus and Willas-Array.
Add BT as a preferred source
SINGAPORE stocks ended Monday on a softer note, after a surprise general election outcome in the early hours of Saturday that saw the ruling People's Action Party (PAP) secure a smaller-than-expected margin of victory.
The benchmark Straits Times Index (STI) ended the day at 2,631.08, down 21.57 points or 0.81 per cent.
In contrast, key regional markets closed higher for the day. Hong Kong's Hang Seng Index was up 0.17 per cent. South Korea's Kospi was 1.67 per cent higher.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
