Singapore stocks slip despite improved 2026 growth outlook; STI down 0.1%

Singapore stocks fell on Dec 17, with the Straits Times Index down 0.1% despite improved 2026 growth forecasts. The iEdge Singapore Next 50 Index declined 0.2%. Regional markets were mixed, with gains in Hong Kong, Japan, and South Korea, but losses in Malaysia. Singapore's exports grew 11.6% in November, surpassing expectations. Sats was the top gainer, while Thai Beverage was the weakest performer. Local banks mostly ended lower, with DBS and UOB declining.