Daily Markets Briefing: STI down 1.37%

Most oil and gas firms underperformed today.

According to SGX, the Straits Times Index (STI) ended 40.15 points or 1.37% lower to 2888.03, taking the year-to-date performance to -14.18%.

Here's more from SGX:

The top active stocks today were DBS, which declined 1.34%, Singtel, which declined 1.33%, UOB, which declined 1.67%, Global Logistic, which declined 2.40% and OCBC Bank, with a 1.31% fall.

The FTSE ST Mid Cap Index declined 1.01%, while the FTSE ST Small Cap Index declined 1.07%.

The outperforming sectors today were represented by the FTSE ST Industrials Index, which declined 0.65%. The two biggest stocks of the Index - Jardine Matheson Holdings and Jardine Strategic Holdings – ended 1.46% higher and 1.50% lower respectively.

The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 2.33%. Keppel Corp shares declined 2.14% and Sembcorp Industries declined 3.42%.