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2021-12-14

Singapore stocks hold steady on Tuesday despite weakness across Asia markets

THE Straits Times Index (STI) closed largely flat on Tuesday (Dec 14), despite weakness across key A

Singapore stocks hold steady on Tuesday despite weakness across Asia markets

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore stocks hold steady on Tuesday despite weakness across Asia markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 17:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-hold-steady-on-tuesday-despite-weakness-across-asia-markets><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>THE Straits Times Index (STI) closed largely flat on Tuesday (Dec 14), despite weakness across key Asian markets ahead of meetings by the US Federal Reserve and other central banks.\nSingapore's ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-hold-steady-on-tuesday-despite-weakness-across-asia-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-hold-steady-on-tuesday-despite-weakness-across-asia-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121800259","content_text":"THE Straits Times Index (STI) closed largely flat on Tuesday (Dec 14), despite weakness across key Asian markets ahead of meetings by the US Federal Reserve and other central banks.\nSingapore's benchmark index edged up 0.04 percent or 1.14 points to 3,121.09 points,\nIn the wider Singapore market, losers outnumbered gainers 268 to 176 with 1.15 billion shares worth S$819.5 million changing hands.\nJapan's Nikkei Index closed 0.7 percent lower at 28,432.64, South Korea's Kospi Index closed down 0.5 percent at 2,987.95, Hong Kong's Hang Seng Index was down 1.3 percent to 23,635.95 and the FTSE Bursa Malaysia KLCI shed 0.9 percent to 1,480.92.\nHowever, analysts warned that the outlook for the Singapore market is still not rosy, amid the spread of the Omicron coronavirus variant that has dented risk appetite globally.\n\"Despite some upside moves from the STI at the start of the month, the latest Singapore Exchange (SGX) fund flow data continues to reveal overall net outflows from institutional investors for the third straight week. This suggests the ongoing paring of positions from financial institutions, and may bring longer-term upside into question for now,\" said IG market strategist Yeap Jun Rong.\nThe top performer in Singapore's blue-chip index was CapitaLand Investment, which gained 1.5 percent or S$0.05 to close at S$3.45 on Tuesday.\nAt the bottom of the table was Dairy Farm International Holdings, which fell 2 percent or US$0.06 to US$2.89.\nThe most heavily traded counter among the index constituents was Singapore Telecommunications, which closed flat at S$2.42 after 22.3 million shares changed hands.\nIn the wider market, digital security firm Disa Limited was the most heavily traded counter for the second straight day this week, with 125.2 million shares traded. The counter closed 20 percent or S$0.001 lower at S$0.004.\nThe trio of local lenders closed mostly higher. UOB gained 0.3 percent or S$0.09 to S$26.64, and OCBC edged up 0.2 percent or S$0.02 to S$11.32; while DBS closed flat at S$31.84.","news_type":1},"isVote":1,"tweetType":1,"viewCount":691,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Singapore stocks hold steady on Tuesday despite weakness across Asia markets

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