Singapore shares decline 0.1% despite regional gains
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Across the broader market, advancers outnumbered decliners 329 to 226 as 1.6 billion shares worth $1.8 billion changed hands.
ST PHOTO: KUA CHEE SIONG
Benjamin Cher
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- Singapore's STI fell 0.1% to 4,488.13, while the iEdge Singapore Next 50 Index also declined by 0.3%.
- Market breadth was positive with 329 advancers to 226 decliners; DBS declined due to trading ex-dividend.
- Regional indices were up: Kospi rose 3%, Nikkei 225 increased 1.3%, Hang Seng gained 1.6% and KLCI up 0.5%.
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SINGAPORE – The Straits Times Index (STI) closed down on Nov 10, while regional bourses finished higher.
The STI slipped 0.1 per cent or 4.11 points to 4,488.13. The iEdge Singapore Next 50 Index also closed lower, falling 0.3 per cent or 4.31 points to 1,448.93.
Across the broader market, advancers outnumbered decliners 329 to 226 after 1.6 billion shares worth $1.8 billion changed hands.
The trio of local banks ended mixed. DBS Bank was down 1.3 per cent or 71 cents at $54.27 but was trading ex-dividend of 75 cents per share. UOB declined 0.5 per cent or 18 cents to $33.68 while OCBC Bank closed up 2.3 per cent or 41 cents at $18.19.
Genting Singapore was the top gainer on the STI, up 3.4 per cent or 2.5 cents at 77 cents.
The biggest loser was ST Engineering, which slipped 1.3 per cent or 11 cents to $8.18.
Major regional indexes were up on Nov 10.
South Korea’s Kospi closed 3 per cent higher and Japan’s Nikkei 225 increased 1.3 cent. Hong Kong’s Hang Seng Index was up 1.6 per cent and Malaysia’s KLCI rose 0.5 per cent. THE BUSINESS TIMES

