(January 24 09:50) Sbr.com.sg
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.
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