STI resumes Monday afternoon at 3,115.11, down 0.34% on day

SINGAPORE stocks remained weaker on Monday afternoon amid a mixed performance by other Asian markets on reports the Trump administration was eyeing ways to limit US investors’ exposure to Chinese assets.Losers outnumbered gainers 178 to 117, or about three securities down for every two up, after 362.2 million securities worth S$300.3 million changed hands.

Among the most heavily traded by volume, TEE International held firm to S$0.046 with 11.7 million shares traded. Singtel slipped 1.3 per cent or S$0.04 to S$3.08 with 11.0 million shares traded. Yangzijiang Shipbuilding Holdings moved down 1.0 per cent or S$0.01 to S$0.965 with 10.4 million shares traded.Active index stocks included CapitaLand Commercial Trust, unchanged at S$2.08; and Ascendas Reit, which held steady at S$3.14.Financial stocks were mixed: DBS Group Holdings was up 0.

Elsewhere in the region, MSCI's Asia ex-Japan stock index was firmer by 0.1 per cent, while Japan's Nikkei index was down 0.7 per cent and South Korea’s Kospi index rose 0.4 per cent.

Source: News Formal (newsformal.com)

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