Published Tue, Oct 20, 2026 · 06:48 PM
[SINGAPORE] Singapore stocks ended lower on Tuesday (Oct 20) as the benchmark Straits Times Index (STI) lost 0.2 per cent or 7.98 points to finish at 5,404.02.
Jardine Matheson led the gainers on Singapore’s blue-chip index, rising 3 per cent or US$1.67 to US$57.41.
The worst performer among STI constituents was Yangzijiang Shipbuilding , which fell 3.1 per cent or S$0.16 to S$4.99.
The local banks all ended lower. DBS inched 0.03 per cent lower to S$74.43, OCBC fell 0.4 per cent to S$28.80, and UOB was down 0.5 per cent at S$41.42.
Within the iEdge Singapore Next 50 Index, Boustead Singapore was the top gainer, rising 2.5 per cent or S$0.04 to S$1.63, while Keppel Reit was the biggest decliner, falling 4.8 per cent or S$0.04 to S$0.785.
Across the broader market, gainers trailed losers 180 to 388, after 1.1 billion securities worth S$1.6 billion changed hands.
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Addvalue Tech was the most actively traded stock with 105.7 million shares changing hands. DBS was the most actively traded stock in terms of value, with a volume of 2.3 million shares and a value of S$172.7 million.
Key regional indices were mixed. Hong Kong’s Hang Seng Index and Japan’s Nikkei 225 both fell 1.3 per cent while South Korea’s Kospi slid 3.7 per cent. However, the FTSE Bursa Malaysia KLCI advanced 0.2 per cent.
Looking ahead, Eugene Leow, senior rates strategist at DBS Group Research, said investors appeared to be growing more cautious about spending on data centres and semiconductors, even as US equities rebounded overnight.
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“The wobble in AI-related assets bears monitoring,” he said. He added that weaker optimism surrounding artificial intelligence could dampen US growth expectations and lead to lower Treasury yields.
This article was written with the assistance of AI and reviewed by a reporter