Singapore Market ends softer

Image
Capital Market
Last Updated : Dec 20 2022 | 3:31 PM IST
The Singapore stock market finished session choppy session slight lower on Tuesday, 20 December 2022, following the broadly negative cues from Wall Street overnight and broader weakness in other Asian markets, amid lingering worries over a possible recession, the uncertainty over China's economic reopening, and the Bank of Japan's unexpected adjustment to its yield-curve control policy.

At closing bell, the Straits Times Index (STI) index was down 2.64 points or 0.08% to 3,253.97 after trading between 3,237.72 and 3,262.37. Volume was 954.86 million shares worth S$926.18 million changed hands. There were 228 gainers and 318 decliners.

The top performing stock in Straits Times Index was property developer Hongkong Land which rose 3.06%, while the bottom performing stock was real estate investment trust Frasers Logistics & Commercial Trust, falling 2.56%.

The local banks were higher. DBS rose 0.3% and United Overseas Bank climbed up 0.26%, while Oversea-Chinese Banking Corp added 0.66%.

Powered by Capital Market - Live News

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 20 2022 | 3:13 PM IST

Next Story