Daily Markets Briefing: STI down 0.42%

Submitted By:  Arianna Danganan Case Study:  No The Fed's patient stance on future interest-rate hikes may buoy local sentiment. The Straits Times Index (STI) ended 13.31 or 0.42% lower at 3,174.38. The top active stocks were DBS, which dropped 1.16, UOB, which slipped 0.9%, Singtel, which dipped 0.33%, YZJ Shipbuilding SGD, which edged up 3.65%, and Genting Sing which remained unchanged. The FTSE Mid Cap grew 0.94% whilst the FTSE Small Cap rose 1.51%. read more