Singapore shares slide 2.2% on Tuesday on Fed tightening fears
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE stocks slumped on Tuesday, with the Straits Times Index down 2.2 per cent or 68.71 points to 3,045.54.
About 1.14 billion shares worth S$1.05 billion in total changed hands, which worked out to an average unit price of S$0.92 per share. Losers outnumbered gainers 285 to 131.
Among the most heavily traded by volume, Singtel closed down 3.27 per cent at S$2.96 with 28.5 million shares traded. Genting Singapore declined 1.5 per cent to S$0.985 with 26.4 million shares traded.
All three banks finished firmly in the red. DBS lost 1.63 per cent to S$23.55, UOB closed 2.49 per cent lower at S$24.30, while OCBC fell 1.68 per cent to S$11.15.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
