Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%

49
1
Favorite

Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%

The Business Times2023-03-20

SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

KlC
·2023-03-20
Nice
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1160645589?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-03-20 18:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1160645589","market":"sg","top_or_hot":-1,"title":"Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%","media":"The Business Times","content":"<div>\n<p>SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14\">Source Link</a>\n\n</div>\n","source":"lsy1607307803821","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; 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 Fall on Banking Sector Uncertainty; STI Down 1.4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14","article_id":"1160645589","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1607307803821","url":"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1160645589","pubTimestamp":1679306644,"sourceInfo":{"source_id":"lsy1607307803821","name":"The Business Times"},"weMediaInfo":null,"summary":"SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United St","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市因银行业不确定性下跌；STI下降1.4%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) lost 43.52 points or 1.4 per cent to close at 3,139.76 points.Across Asia, Hong Kong’s Hang Seng Index, the Shanghai Composite Index, Japan’s Nikkei 225, South Korea’s Kospi and the FTSE Bursa Malaysia KLCI landed between 0.5 per cent and 3.2 per cent lower for the day.In the wider Singapore market, losers outnumbered gainers 407 to 194, with 1.5 billion securities worth S$1.2 billion changing hands.IG market analyst Yeap Jun Rong said: “The initial reaction (of) financial banks in the region to the UBS buyout of Credit Suisse seems to point to more measured gains, suggesting a still-cautious environment as sentiments remain on hold for further developments in the banking space.”Singapore’s trio of local lenders all suffered losses on Monday. DBS : D05 -1.01% fell 1 per cent or S$0.33 to S$32.22, UOB : U11 -1.16% shed 1.2 per cent or S$0.33 to close at S$28.21, and OCBC : O39 -1.47% dropped 1.5 per cent or S$0.18 to finish at S$12.08.Property group Hongkong Land : H78 +1.2% and spirits maker Emperador : EMI +0.98% were the only two gainers among the blue-chip stocks.Hongkong Land gained 1.2 per cent or US$0.05 to close at US$4.22, while Emperador climbed 1 per cent or S$0.005 to S$0.52.The worst performer among the STI counters was airport services and food solutions provider Sats : S58 -5.02%, which fell 5 per cent or S$0.13 to S$2.46.Thai Beverage : Y92 0% was the most heavily traded index stock. The counter closed flat at S$0.64 on Monday, after 42.3 million shares changed hands.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9943157772,"gmtCreate":1679309184997,"gmtModify":1679309188862,"author":{"id":"4092613885625280","authorId":"4092613885625280","name":"KlC","avatar":"https://static.tigerbbs.com/17d15a6a41b1bedeaeac684e5fba363f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4092613885625280","authorIdStr":"4092613885625280"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943157772","repostId":1160645589,"repostType":2,"repost":{"id":"1160645589","kind":"news","pubTimestamp":1679306644,"share":"https://ttm.financial/m/news/1160645589?lang=&edition=fundamental","pubTime":"2023-03-20 18:04","market":"sg","language":"en","title":"Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1160645589","media":"The Business Times","summary":"SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United St","content":"<div>\n<p>SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Fall on Banking Sector Uncertainty; STI Down 1.4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; 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 Fall on Banking Sector Uncertainty; STI Down 1.4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14\">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/companies-markets/singapore-stocks-fall-banking-sector-uncertainty-sti-down-14","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160645589","content_text":"SINGAPORE shares tumbled on Monday (Mar 20), as dark clouds over the banking sector in the United States and Europe contributed to a sea of red across key Asian markets.The Straits Times Index (STI) lost 43.52 points or 1.4 per cent to close at 3,139.76 points.Across Asia, Hong Kong’s Hang Seng Index, the Shanghai Composite Index, Japan’s Nikkei 225, South Korea’s Kospi and the FTSE Bursa Malaysia KLCI landed between 0.5 per cent and 3.2 per cent lower for the day.In the wider Singapore market, losers outnumbered gainers 407 to 194, with 1.5 billion securities worth S$1.2 billion changing hands.IG market analyst Yeap Jun Rong said: “The initial reaction (of) financial banks in the region to the UBS buyout of Credit Suisse seems to point to more measured gains, suggesting a still-cautious environment as sentiments remain on hold for further developments in the banking space.”Singapore’s trio of local lenders all suffered losses on Monday. DBS : D05 -1.01% fell 1 per cent or S$0.33 to S$32.22, UOB : U11 -1.16% shed 1.2 per cent or S$0.33 to close at S$28.21, and OCBC : O39 -1.47% dropped 1.5 per cent or S$0.18 to finish at S$12.08.Property group Hongkong Land : H78 +1.2% and spirits maker Emperador : EMI +0.98% were the only two gainers among the blue-chip stocks.Hongkong Land gained 1.2 per cent or US$0.05 to close at US$4.22, while Emperador climbed 1 per cent or S$0.005 to S$0.52.The worst performer among the STI counters was airport services and food solutions provider Sats : S58 -5.02%, which fell 5 per cent or S$0.13 to S$2.46.Thai Beverage : Y92 0% was the most heavily traded index stock. The counter closed flat at S$0.64 on Monday, after 42.3 million shares changed hands.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":49,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}