Singapore Stocks End Flat on Thursday; Most Asian Markets Decline

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Singapore Stocks End Flat on Thursday; Most Asian Markets Decline

businesstimes2022-10-20

Singapore shares were flat at the close on Thursday (Oct 20), while most regional markets ended lower as inflation worries continue to weigh on investors.The Straits Times Index (STI) ended down 0.1 ...

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JT2021
·2022-10-20
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Goupppppppp
·2022-10-20
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MP88
·2022-10-20
Boring
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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 End Flat on Thursday; Most Asian Markets Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 18:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-end-flat-on-thursday-most-asian-markets-decline><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore shares were flat at the close on Thursday (Oct 20), while most regional markets ended lower as inflation worries continue to weigh on investors.The Straits Times Index (STI) ended down 0.1 ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-end-flat-on-thursday-most-asian-markets-decline\">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-end-flat-on-thursday-most-asian-markets-decline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150116920","content_text":"Singapore shares were flat at the close on Thursday (Oct 20), while most regional markets ended lower as inflation worries continue to weigh on investors.The Straits Times Index (STI) ended down 0.1 point to 3,022.7. Gainers outnumbered losers 266 to 257, with 1.6 billion securities worth S$1.1 billion changing hands.The trio of local banks saw mixed trading on Thursday, with DBS falling 0.5 percent to S$32.69 and UOB losing 0.4 percent to S$26.16.OCBC was flat at S$11.64.Meanwhile, the top gainer on the STI wasYangzijiang Shipbuilding, which gained 6.1 percent to S$1.21 at the close. Some 137 million shares worth S$166 million changed hands, making it one of the top traded counters by volume on Thursday.Genting Singapore also saw active trading, with 54.1 million shares worth S$43.2 million changing hands. The counter was up 1.9 percent at S$0.79.On Thursday, hospitality group Las Vegas Sands said Marina Bay Sands’ net revenue contribution more than trebled for the quarter ended Sep 30, on the back of tourism recovery in Singapore.Elsewhere in Asia, key indices were largely lower. Japan’s Nikkei 225 was down 0.9 percent, Hong Kong’s Hang Seng lost 1.4 percent and the Shanghai Composite fell 0.3 percent. Meanwhile, the FTSE Bursa Malaysia was up 1.6 percent.Yeap Jun Rong, market strategist at IG, noted that higher-than-expected September inflation numbers in the UK and Canada “pose a reminder that global tightening is far from over”.“Adding to the inflation worries are the increasing growth risks, as more firms are growing more pessimistic about the outlook from the recent Fed beige book,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":69,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}