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Singapore stocks down amid concerns over war in Ukraine

November 21, 2024

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The Straits Times

• STI closes 0.4% lower, dragged down by Singtel • DFI Retail Group leads index, local banks end mixed • In broader market, gainers beat losers 269 to 235

- Ranamita Chakraborty

Concerns about developments overseas—both financial and political—helped send local shares down a touch on Nov 20.

Investors were awaiting chipmaker Nvidia's earnings report while keeping a wary eye on escalating tensions after Ukraine fired US-supplied longer-range missiles into Russia for the first time.

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