At closing bell, the Straits Times Index (STI) index was down 5.36 points, or 0.16%, to 3,257.18 after trading between 3,238.98 and 3,262.67. Volume was 2.19 billion shares worth S$1.36 billion changed hands. There were 308 gainers and 255 decliners.

The top performing stock in Straits Times Index constituents was Jardine Cycle & Carriage which rose 2.23% to S$30.66, while the bottom performing stock was Yangzijiang Shipbuilding, falling 2.4% to S$1.21.

The local banking trio, accounting for a weighting of over 40% of the STI, were lower. United Overseas Bank declined 0.37% to $29.84, DBS fell 0.3% to $33.50, and Oversea-Chinese Banking Corp was 1.12% lower at $12.39.

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