Singapore shares ended flat Friday as a late fall in DBS Group Holdings’ share price after the resignation of its chairman offset earlier gains made on strengthening convictions that US interest rates will stay lower for longer.
The benchmark Straits Times Index ended up a mere 1.76 points at 2,915.70, with 1.05 billion shares changing hands, the lowest volume this week and down from 1.32 billion shares Thursday. In the broader market, gainers outnumbered losers 235 to 227.
