Singapore shares dip 0.09% in sluggish session

Singapore shares were little changed on Thursday, with the Straits Times Index (STI) dipping 2.81 points, or 0.09 per cent, to 3,140.44.

Dealers said the day's tepid session was a surprise as Wall Street surged 0.66 per cent overnight. The STI's flat display was likely due to regional sluggishness, they added.

Some 2.5 billion shares worth $885.7 million changed hands.

Key regional markets closed mixed, with Japan down 0.39 per cent but Hong Kong up 0.37 per cent.

Here, a total of 19 of the 30 STI component stocks ended lower, with six higher and five unchanged.

The gainers included Keppel Corp, up nine cents to $10.94, while Singapore Exchange was among the losers, sliding eight cents to $7.04.

Comments