The Straits Times Index (STI) saw little increase of 1.34 points or 0.04%, reaching 3,199.44
Singapore stocks opened with minimal movement on Tuesday morning following data showing higher-than-expected inflation figures for February.
Despite this inflationary uptick, experts anticipate the Monetary Authority of Singapore will maintain its current policy stance. However, the broader market witnessed more losers than gainers, with a ratio of 57 to 54. There were 43.3 million securities changing hands, with a total transaction value of S$35.2 million.
Among other actively traded stocks, Tritech Group maintained its position at S$0.011 despite trading 4.9 million shares, while Thai Beverage remained unchanged at S$0.485 after exchanging four million securities.Banking stocks showed mixed performance at the opening bell. DBS gained S$0.10 or 0.3% to reach S$35.60, while OCBC edged up by S$0.02 or 0.2% to S$13.60.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore shares saw only slight movement on Tuesday—STI slightly increased 0.01%The Straits Times Index (STI) saw a slight increase of 0.01% or 0.45 points, reaching 3,172.38
Read more »
Singapore Discovery Centre becomes first energy-positive museum in SingaporeThe Singapore Discovery Centre is the first museum in Singapore to generate more electricity than it consumes. The decades-old attraction became energy-positive after generating about 30 per cent more energy on average than it needed from October to February.
Read more »
Dr Eugene Tan to be new CEO of National Gallery Singapore and Singapore Art MuseumDr Eugene Tan will take on the role of chief executive of the National Gallery Singapore and Singapore Art Museum from April 1. He will also take Ms Chong’s other portfolio as head of the Visual Arts Cluster, which comprises the two museums and STPI – Creative Workshop & Gallery.
Read more »
Report shows gov’t is still number 1 trusted institution in Singapore —Singapore Newsin contrast to Singapore’s results, government is distrusted in 17 out of the 28 countries surveyed, including the United States
Read more »
Sentosa sky lantern festival: Police investigating event amid complaints, calls for refundsSINGAPORE — Police investigations into the Singapore Sky Lantern Festival are ongoing amid
Read more »
Singapore Garden Festival to return in AugustThe ninth edition of the Singapore Garden Festival (SGF) is set to return in August. Organised by National Parks Board (NParks), it will be held at Suntec Singapore Convention and Exhibition Centre from Aug 3 to Aug 11 and features award-winning designers from around the world. The biennial festival coincides with the Global Botanic Gardens Congress, organised by the Singapore Botanic Gardens and Botanic Gardens Conservation International, which will run from Aug 6 to Aug 9 at the Singapore Convention and Exhibition Centre.
Read more »