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STI falls amid US inflation worries, Ukraine peace talks

The Straits Times

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August 16, 2025

• Index sheds 0.6%; losers lead 302 to 233 in broader market • Local banking trio down as UOB, DBS go ex-dividend • ASX 200 hits fifth straight high as region ends mixed

- Ranamita Chakraborty

Local shares fell again on Aug 15 as investors stuck to the sidelines amid US inflation concerns and the Ukraine war peace talks in Alaska.

It was something of a lacklustre session with the Straits Times Index (STI) down 0.6 per cent or 25.99 points to 4,230.53. Losers beat gainers 302 to 233 in the broader market on much-reduced trade of 1.4 billion securities worth $1.6 billion.

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