Daily Markets Briefing: STI down 0.31%

Find out which firms underperformed.

According to KGI Fraser, Southeast Asian markets finished mixed with Malaysia’s KLCI closing flat (-0.02%), while Thailand’s SET and Indonesia’s JCI gained 0.2% and 0.9% respectively.

Here’s more from KGI Fraser:

The STI in Singapore was down 9.22 points or 0.3% and closed at 2,919.54.

Losers outnumbered gainers, with Sembcorp Industries (-3.4%), Genting Singapore (-3.1%), Sembcorp Marine (-2.2%; HOLD, TP: S$1.65) and Singapore Press Holdings (-2.1%) leading the decliners.

The biggest gainers were Jardine C&C (+2.9%), ThaiBev (+2.6%), ComfortDelGro (+1.7%) and StarHub (+1.0%).

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