<div id="readability-page-1"><div><p>[SINGAPORE] The city-state’s benchmark index closed lower on Thursday (Dec 4) as investors turned cautious after the US recorded an unexpected fall in private employment in November that signalled its economy might be slowing down.</p><p>The Straits Times Index was down 0.4 per cent or 19.38 points at 4,535.14, with only a fifth of the 30 index constituents finishing higher. Both  DBS  and  UOB  slid, by S$0.22 or 0.4 per cent to S$54.21, and 0.3 per cent or S$0.09 to S$34.46, respectively.  OCBC  was flat at S$18.95.</p><p>The iEdge Singapore Next 50 Index rose marginally, by less than 0.1 per cent or 0.77 point to 1,448.29.</p><p>Across the broader market, decliners edged out gainers 259 to 256 after nearly 1.6 billion securities valued at about S$1.3 billion were transacted.</p><p> Tuan Sing  was up 1.6 per cent or S$0.005 at S$0.325, a day after it said it is set to proceed with the redevelopment of its flagship property in Melbourne, Australia, which houses the 550-room Grand Hyatt hotel, following the grant of a planning permit from the city council.</p><p> YHI International  dropped 1.3 per cent or S$0.005 to a 52-week low of S$0.385, without making any market-sensitive announcements recently. It is a distributor of automotive and industrial products, and original design manufacturer for wheels.</p><p>CapAllianz  was the most active stock, with a trading volume of 470.3 million shares – more than three times the 109.4 million shares transacted on Wednesday. Shares of the Catalist-listed investment holding firm, which owns a subsidiary that is engaged in software development and IT consulting, were unchanged at S$0.002.</p></div></div>

<p>The Straits Times Index fell 0.4% due to US economic slowdown fears, closing at 4,535.14. Major banks DBS and UOB saw declines, while OCBC remained flat. The broader market saw more decliners than gainers, with Tuan Sing rising after redevelopment news and YHI International hitting a 52-week low. CapAllianz was the most active stock.</p>

STI slips 0.4% amid fears of US economy slowdown