DBS was one of the most active stocks as it fell 0.39%.
The Straits Times Index (STI) ended 68.71 or 2.21% lower at 3,045.54.
The top active stocks were DBS, which fell 0.39%, UOB, which dipped 0.62%, OCBC, which slipped 0.19%, Singtel, which dropped 0.10%, and Keppel Corp, with a 0.09% fall.
The FTSE Mid Cap fell 3.44% whilst the FTSE Small Cap dipped 0.84%.
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