SINGAPORE – Local stocks slipped on May 21 as the Singapore market was not spared from the mounting gloom across South-east Asian indexes and market traders.
The benchmark Straits Times Index (STI) shed 0.2 per cent, or 6.15 points, to close at 3,307.90.
Across the broader market, decliners outnumbered advancers 330 to 245, after 1.2 billion securities worth a collective $920.8 million changed hands.
It was a sea of red across the region, as traders took to capital markets with caution against a backdrop of uncertainty about interest rates.
The Nikkei 225 lost 0.3 per cent, the Hang Seng Index tumbled 2.1 per cent and the Bursa…
