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S'pore shares track Wall Street losses amid inflation concerns

The Straits Times

|

October 12, 2024

● STI slips 0.3%, losers just ahead of gainers 189 to 179 ● Local banking trio – DBS, OCBC, UOB – end in the red ● Regional markets end mixed; Japan, HK up but S. Korea slips

- Tan Nai Lun

Fears on Wall Street that US inflation might be stickier than first thought also preyed on minds in Singapore and left shares here down a tad on Oct 11.

The end-of-week caution sent the Straits Times Index (STI) slipping 0.3 per cent or 11.53 points to 3,573.76, with losers just ahead of gainers 189 to 179 after 921.9 million securities worth $1.1 billion changed hands.

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