Daily Markets Briefing: STI down 0.68%

Submitted By:  Arianna Danganan Case Study:  No Local sentiment may remain cautious. The Straits Times Index (STI) ended 21.60 or 0.68% lower at 3,171.11. The top active stocks were DBS, which dropped 1.59%, OCBC, which declined 1.04%, UOB, which dipped 1.38%, Genting Sing, which remained unchanged, and Singtel with a 0.33% advance. The FTSE Mid Cap fell 3.17% whilst the FTSE Small Cap grew 0.27%. According to OCBC Investment Research, stocks closed higher in choppy trade as upbeat earnings from corporate heavyweights helped ease lingering worries over global growth and US-China trade tensions. read more