Market Update: STI down 0.84%

HongkongLand saw the sharpest decline during Monday's trading, with a 2.98% drop.

The Straits Times Index ended 26.29 or 0.84% lower at 3,117.87 at the close of trading on Monday, June 21.

Among the top active stocks were Keppel DC REIT which grew 0.78%, CapitaLand Integrated Commercial Trust which grew 0.48%, and Sembcorp Industries which grew 0.46%.

Included in the bottom performers were JMH which fell 2.49% and Genting Sing which fell 1.70%.

According to local news, Asian stocks mostly fell due to concerns that the US Federal Reserve may raise interest rates soon.

The FTSE 100 Index ended 44.82 or 0.64% higher at 7,062.29, whilst the NYSE Composite Index ended 268.03 or 1.66% higher at 16,411.98 at the close of trading on Monday.