{
  "id": 17042959,
  "title": "Singapore stocks fall amid mixed regional showing; STI closes almost flat",
  "url": "https://urgent.news/2026/10/29/singapore-stocks-fall-amid-mixed-regional-showing-sti-closes-almost",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T10:08:22.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-closes-almost-flat"
  },
  "original_language": "en",
  "account": "Singapore stocks experienced a slight decline on Thursday (Oct 29) as regional market performances proved mixed. The key Straits Times Index (STI) closed 0.03% lower, or 1.9 points, at 5,396.03. Among blue-chip stocks, Genting Singapore emerged as the top gainers, surging 1.7% to S$0.60. Conversely, Wilmar International saw the largest decline, dropping 4.9% to S$3.11 amid an Indonesian investigation into plantation fires and weaker-than-expected Q3 earnings. The three local banks displayed mixed results, with OCBC up 1.1%, DBS down 0.3%, and UOB falling 0.1%. Within the iEdge Singapore Next 50 Index, Top Glove emerged as the best performer, rising 3.3% to S$0.315. Financially, Ultragreen.AI suffered the steepest drop, falling 15.9% to US$0.475 after the company warned of a potential shortfall in FY2026 revenue. Throughout the broader market, gains lagged behind losses by a margin of 250 to 304, with 1.1 billion securities valued at S$1.8 billion traded. Notably, DBS recorded the highest trading volume, with 3.6 million shares changing hands for a total value of S$262.5 million. Across other regional markets, Hong Kong's Hang Seng Index slipped 0.6%, Japan's Nikkei 225 gained 1.1%, South Korea's Kospi declined 1.2%, and the FTSE Bursa Malaysia KLCI decreased 0.2%.",
  "summary": "Ultragreen.AI is the biggest decliner on iEdge Singapore, falling 15.9% to US$0.475",
  "key_points": [
    "Singapore stocks fell slightly, STI closed 0.03% lower at 5,396.03",
    "Genting Singapore led gains, Wilmar International led declines",
    "DBS had highest trading volume among regional markets"
  ],
  "editors_take": "The stagnation of the Straits Times Index reflects a cautious local market struggling to find direction amidst uneven regional performance and significant volatility in specific blue-chip sectors.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}