Singapore shares close lower on doubts over US-China trade truce
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE shares closed lower on Tuesday, denting gains made on Monday as uncertainty over the US-China trade truce sent stocks lower.
The Straits Times Index closed 22.83 points or 0.7 per cent lower at 3,167.79.
About 1.49 billion shares worth S$1 billion in total changed hands, which worked out to an average unit price of S$0.67 per share.
Losers outnumbered gainers 281 to 108.
The most actively traded stock was Thomson Medical Group, which traded at S$0.082 with 76 million shares changing hands.
Other actives included Ezion Holdings and Genting Singapore.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Among financials, DBS closed S$0.15 or 0.6 per cent down at S$24.96, OCBC dropped S$0.05 or 0.4 per cent to S$11.55 and UOB lost S$0.20 or 0.8 per cent to close at S$25.78.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
