Singapore shares end lower as local banks decline; STI down 0.4%
Frasers Centrepoint Trust leads gainers on Singapore’s blue-chip index
Singapore's local bank stocks slumped Thursday, dragging the country's key blue-chip index down 0.4%. The Straits Times Index (STI) closed at 5,415.14, a 22.85 point decline. Frasers Centrepoint Trust was the lone gain leader, up 2.4% to S$2.11. Among the worst performers were Seatrium, down 2.7% to S$1.78, and local banks DBS, OCBC and UOB, all ending in the red.
In the iEdge Singapore Next 50 Index, Keppel Reit led with a 1.3% gain while AEM SGD dropped 6.3%. The broader market saw 198 gainers against 410 losers, with a turnover of S$1.6 billion across 1.2 billion securities.
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