Singapore stocks finish weaker, STI drops below 3,100 in highest volume of the year
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ON the last day of the month the Straits Times Index on Tuesday fell 12.01 points to 3,096.61, very much within expectations as markets wait to hear US President Donald Trump's address to Congress.
The broad market sagged with 166 rises against 348 falls excluding warrants, but it was the spurt in volume which caught the eye as it suggested month-end portfolio rebalancing - 2.7 billion units worth S$2.7 billion, more than twice the S$1.1 billion done on Monday and the highest one-day total in 2017.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore