7 days ago
STI Opens Flat Amid Cautious Trade; UOB Leads Early Gains
The Straits Times Index (STI) edged up 0.16 points to 4,239.99 as of 9.26 am on Monday, with market sentiment appearing cautious despite more advancers than decliners in early trade.
Turnover stood at 276.14 million securities worth S$303.33 million, with 131 counters rising, 104 declining and the rest unchanged.
Among blue chips, United Overseas Bank (UOB) led early gains, rising 0.64 per cent to S$35.93. Other actively traded stocks included DBS at S$50.96, OCBC Bank at S$16.91 and Singtel at S$3.94.
Industrial names were mixed, with Yangzijiang Shipbuilding flat at S$2.89, Sembcorp Industries steady at S$6.53 and Singapore Airlines unchanged at S$6.55.
Key sector indices also showed a muted start, with the iEdge S-REIT Leaders Index at 1,067.45 and the iEdge Southeast Asia+ Tech Index at 4,473.09.
