Daily Markets Briefing: STI down 0.14%

Banks led the decline.

The Straits Times Index (STI) ended 3.98 points or 0.14% lower to 2787.94, taking the year-to-date performance to -17.15%.

Here's more from SGX:

The top active stocks today were DBS, which declined 1.27%, SingTel, which gained 0.85%, OCBC Bank, which gained 0.12%, UOB, which declined 0.11% and Wilmar Intl, with a 3.08% fall.

The FTSE ST Mid Cap Index declined 0.66%, while the FTSE ST Small Cap Index declined 0.32%.

The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 0.88%. The two biggest stocks of the Index - Silverlake Axis and STATS ChipPAC – ended 1.87% higher and remained unchanged respectively.

The underperforming sector was the FTSE ST Utilities Index, which slipped 1.99%. China Everbright Water shares declined 2.46% and SIIC Environment Holdings declined 2.94%.