Market Update: STI down by 0.21%

The Straits Times Index (STI) closed on Wednesday down by 8.51 points or 0.27% at 3,179.39.

About 1.53-billion securities worth S$1.01b changed hands, and despite the main index closing with losses, stock advancers outnumbered decliners, 242 to 230.

The worst performers for the day were SATS, which decreased by 1.15% or $4.30, ComfortDelGro which lowered by 1.12% or $1.76, and UOL Group with a 1.01% or $7.83 loss.

Meanwhile, the S&P 500 slid by 0.41% or 16.93 points to 4,124.66. The NASDAQ also declined by 0.99% or 138.26 points closing at 13,857.84, whilst the Dow Jones Industrial climbed by about 53.62 points or 0.16% at 33,730.89.

The FTSE 100 ended up by 0.71% or 49.09 points at 6,939.58. FTSE 250 also went higher by 0.39% or 86.99 points ending at 22,355.45.