The Singapore stock market finished session lower on Monday, 18 September 2023, as market sentiment dampened after weaker export data and amid caution ahead of the Federal Reserves monetary policy announcement due on Wednesday.
At closing bell, the Straits Times Index (STI) index was down 17.30 points, or 0.53%, to 3,263.39 after trading between 3,259.03 and 3,285.15. Volume of 1.00 billion shares worth S$751.64 biillion changed hands. There were 204 gainers and 331 decliners.
Emperador Inc was the top gainers for the day, adding 1.96% to S$0.52. Thai Beverage Public Co was the top loser for the day, falling 2.56% to S$0.57.
All three local lenders declined. UOB sank 1.03% to S$28.90, OCBC dropped 0.85% to S$12.79, while DBS fell 0.03% to S$34.23.
ECONOMIC NEWS: Singapores non-oil domestic exports (NODX) fell by 20.1% year over year in August, extending the 20.3% decrease recorded in July, with both electronics and non-electronics exports declining during the month, according to data released by Enterprise Singapore (EnterpriseSG) on Monday.
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