Business Standard

Singapore Market ends softer

Image

Capital Market
The Singapore stock market finished session slightly lower on Friday, 03 March 2023, as persistent inflation and rate hikes continued to weigh on investor sentiment.

At closing bell, the Straits Times Index (STI) index declined 2.88 points, or 0.09%, to 3,232.02 after trading between 3,251.29 and 3,230.42. Volume was 2.56 billion shares worth S$1.21 billion changed hands. There were 282 gainers and 230 decliners.

The top performing stock in Straits Times Index constituents was Thai Beverage Public Co which rose 2.34% to S$0.655, while the bottom performing stock was Ascendas Real Estate Investment Trust, falling 0.7% to S$2.78.

Local banks were mixed. United Overseas Bank fell 0.37% to S$29.54 and DBS Group Holdings fell 0.15% to S$33.50, while Oversea-Chinese Banking Corp was up 0.56% at S$12.50.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 03 2023 | 6:23 PM IST

Explore News