Singapore’s highest-volume stocks reflected a mixed trading session, with gains and declines shaping the market landscape. Singtel (SGX: Z74) led the upward movement, rising 1.87% to SGD 3.26, marking the most significant gain among the top-traded stocks.
DBS Group Holdings (SGX: D05), one of the country’s largest banks, saw a modest increase of 0.30%, closing at SGD 43.73. The positive movement suggests investor confidence in the banking giant amid economic uncertainties.
On the other hand, OCBC Bank (SGX: O39) and UOB (SGX: U11) experienced minor losses, slipping 0.29% and 0.41%, respectively. OCBC ended at SGD 17.04, while UOB settled at SGD 36.87. The dip reflects a cautious stance from investors as financial markets react to external pressures.
YZJ Shipbuilding (SGX: BS6) recorded the most significant decline, falling 1.98% to SGD 2.97, while Seatrium Ltd (SGX: 5E2) saw a slight decrease of 0.45%, closing at SGD 2.21. The shipbuilding sector’s downturn aligns with broader market fluctuations as global demand remains under scrutiny.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult financial professionals before making investment decisions.