Investing.com – Singapore stocks were lower after the close on Wednesday, as losses in the Technology, Financials and Utilities sectors led shares lower.
At the close in Singapore, the FTSE Straits Times Singapore lost 2.87% to hit a new 52-week low.
The best performers of the session on the FTSE Straits Times Singapore were Singapore Tech Engineering Ltd (SIN:STEG), which fell 0.31% or 0.01 points to trade at 3.17 at the close. Meanwhile, Sembcorp Marine Ltd (SIN:SCMN) fell 0.38% or 0.01 points to end at 2.63 and SIA Engineering Co Ltd (SIN:SIAE) was down 0.57% or 0.02 points to 3.47 in late trade.
The worst performers of the session were Noble Group Limited (SIN:NOBG), which fell 11.40% or 0.065 points to trade at 0.505 at the close. Oversea-Chinese Banking Corp (SIN:OCBC) declined 5.75% or 0.58 points to end at 9.50 and DBS Group Holdings Ltd (SIN:DBSM) was down 5.52% or 1.09 points to 18.64.
Falling stocks outnumbered advancing ones on the Singapore Stock Exchange by 401 to 92 and 21 ended unchanged.
Shares in Singapore Tech Engineering Ltd (SIN:STEG) fell to 3-years lows; losing 0.31% or 0.01 to 3.17. Shares in Oversea-Chinese Banking Corp (SIN:OCBC) fell to 52-week lows; falling 5.75% or 0.58 to 9.50.
Crude oil for September delivery was up 1.03% or 0.45 to $43.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.60% or 0.30 to hit $50.01 a barrel, while the December Gold contract rose 0.85% or 9.40 to trade at $1117.10 a troy ounce.
USD/SGD was up 0.48% to 1.4080, while EUR/SGD rose 1.24% to 1.5665.
The US Dollar Index was down 0.60% at 96.65.