Singapore shares started the week on subdued note on Monday—STI dipped slightly by 0.04%

Straits Times Index (STI) dipped slightly, losing 1.27 points or 0.04% to stand at 3,312.21

Singapore shares started the week on a subdued note on Monday, reflecting a mixed performance from US equities and a decline in European markets.

The broader market saw more gainers than losers, with 85 stocks rising and 47 falling. In early trading, 53.9 million shares valued at S$54.2 million were traded. On the other hand, Chasen Holdings, a company specialising in relocation solutions, saw its shares drop by S$0.003 or 2.9%, ending at S$0.10 amid heavy trading volumes.

In contrast, OCBC fell by S$0.06, or 0.4%, to S$14.38, and UOB declined by S$0.05, or 0.2%, to S$30.22.

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