<div id="readability-page-1"><div><p>[SINGAPORE] Singapore stocks ended lower on Friday (May 15).</p><p>The benchmark Straits Times Index (STI) lost 0.1 per cent or 6.86 points to finish at 4,989.08.</p><p> Singapore Airlines  led the gainers on Singapore’s blue-chip index, rising 2.4 per cent or S$0.15 to end at S$6.42.</p><p>The worst performer among STI constituents was  Venture Corporation , falling 3.1 per cent or S$0.56 to close at S$17.64.</p><p>The three local banks ended mixed on Friday.</p><p> DBS  rose 0.1 per cent or S$0.07 to S$60.20, while  OCBC  finished 0.1 per cent or S$0.02 lower at S$22.93 and  UOB  finished 0.2 per cent or S$0.07 lower at S$37.30.</p><div><div><h3>Navigate Asia in<br/>a new global order</h3><p>Get the insights delivered to your inbox.</p></div></div><p>Within the iEdge Singapore Next 50 Index,  BRC Asia  was the top gainer, rising 3.2 per cent or S$0.15 to finish at S$4.80.</p><p>Meanwhile,  CSE Global  was the top loser, falling 9 per cent or S$0.16 to end the session at S$1.61.</p><p>Across the broader market, gainers were outnumbered by losers 224 to 431, after 2.3 billion securities worth S$2.5 billion changed hands.</p><div><div><div><p>SEE ALSO</p><div><div><div><div><p><img height="1024" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/57ed03c74c9d75007e15a01877eedc118f12410d02c0f2e7dc33b8be9ac23872/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1536" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/57ed03c74c9d75007e15a01877eedc118f12410d02c0f2e7dc33b8be9ac23872/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>More than 100 million Marco Polo Marine shares change hands on plan for reverse takeover of Fuji Offset</span></h3><p></p></div></div><div><div><div><p><img height="3070" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/0aca11f76d7360a10bae87dec9a2ac2ca271b7662b9aa25aaeaf43c9040b83a0/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="4605" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/0aca11f76d7360a10bae87dec9a2ac2ca271b7662b9aa25aaeaf43c9040b83a0/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>Steady trading across asset classes as SGX securities turnover rises 6% in April</span></h3><p></p></div></div></div></div></div></div><p>Key regional indices were negative.</p><p>Hong Kong’s Hang Seng Index lost 1.6 per cent and Japan’s Nikkei 225 index fell 2 per cent.</p><p>In addition, South Korea’s Kospi was down 6.1 per cent and the FTSE Bursa Malaysia KLCI declined 0.3 per cent.</p><p>Vincenzo Vedda, global chief investment officer at DWS, said: “If oil prices were to remain above US$110 a barrel for an extended period, this could force central banks to adopt a more restrictive monetary policy, even as economic growth slows.</p><p>“Further increases in bond yields could put pressure on the high valuations seen in equity markets.”</p><div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. <span>Sign up here to get Decoding Asia newsletter.</span> Delivered to your inbox. Free.</p></div></div></div>

<p>Singapore stocks closed lower on May 15, with the Straits Times Index (STI) down 0.1% to 4,989.08. Singapore Airlines rose 2.4%, while Venture Corporation fell 3.1%. Local banks had mixed results, with DBS up 0.1% and UOB down 0.2%. Across the broader market, losers outnumbered gainers 431 to 224. Key regional indices also declined, with Hong Kong's Hang Seng down 1.6% and Japan's Nikkei 225 down 2%. Vincenzo Vedda from DWS warned that high oil prices could lead to tighter monetary policies.</p>

- Singapore's stock market closed down on May 15, with the Straits Times Index (STI) falling by 0.1% to 4,989.08 points.  
- Singapore Airlines led the blue-chip index, rising 2.4%, while Venture Corporation suffered the biggest drop, declining 3.1%.  
- Overall, 224 stocks advanced and 431 declined, with a trading volume of 2.3 billion securities valued at 2.5 billion Singapore dollars.

Singapore stocks end lower on Friday; STI down 0.1%