Singapore stock market today: STI dips near 5,000 as Genting slides and earnings hit SGX

Singapore stocks slipped in early Wednesday trading, as the Straits Times Index edged down 0.2% to 5,009.38, according to Investing.com data. For a short stretch, the STI fell under 5,000, trading between 4,995.51 and 5,016.48 right out of the gate.

What to watch in Singapore stocks this week: One Raffles Place, CPI and earnings on the SGX radar

What to watch in Singapore stocks this week: One Raffles Place, CPI and earnings on the SGX radar

OUE Real Estate Investment Trust and United Overseas Bank are gauging buyer appetite for One Raffles Place, a central office-and-retail property tipped to fetch between S$2.3 billion and S$2.4 billion. The move brings Singapore REITs back into focus as the SGX gears up for Monday. OUE REIT units notched a 4.2% gain to close at S$0.37 on Friday. United Overseas Bank finished the week at S$38.60, slipping 0.2%.
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