<div id="readability-page-1"><div><p>[SINGAPORE] Singapore stocks ended lower on Tuesday (May 5), with investors on edge after the US and Iran launched fresh attacks in Gulf waters.</p><p>The benchmark Straits Times Index (STI) lost 0.1 per cent or 3.7 points to finish at 4,920.61.</p><p> Frasers Logistics &amp; Commercial Trust  led the gainers on Singapore’s blue-chip index, rising 2.1 per cent or S$0.02 to end at S$0.99.</p><p>The worst performer among STI constituents was  Venture Corporation , falling 3.6 per cent or S$0.61 to close at S$16.48, as it traded ex-dividend.</p><p>The three local banks ended mixed on Tuesday.  UOB  rose 0.3 per cent or S$0.11 to S$36.28, while  DBS  finished 0.1 per cent or S$0.05 lower at S$58.55. OCBC  finished 0.2 per cent or S$0.04 lower at S$21.83.</p><p>Within the iEdge Singapore Next 50 Index,  Golden Agri-Resources  was the top gainer, rising 6.2 per cent or S$0.02 to finish at S$0.345. </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> Food Empire  was the biggest loser, falling 8.6 per cent or S$0.28 to end the session at S$2.99.</p><p>Across the broader market, gainers trailed losers 247 to 334, after 1.7 billion securities worth S$1.7 billion changed hands.</p><p>Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 0.8 per cent and the FTSE Bursa Malaysia KLCI rose 0.4 per cent.</p><div><div><div><p>SEE ALSO</p><div><div><div><div><p><img height="1335" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/519c40784c52d1f39adeeadccc92e376916adfa242d0fe41ca1e9285db4e88c1/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="2000" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/519c40784c52d1f39adeeadccc92e376916adfa242d0fe41ca1e9285db4e88c1/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>Oil eases on signs US operation is loosening Iran’s Strait of Hormuz blockade</span></h3><p></p></div></div><div><div><div><p><img height="3513" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/3d8562354e57c4c838d7b7bb000c7c3113d430bf160ab47e215fc8739b86b6b6/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="5527" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/3d8562354e57c4c838d7b7bb000c7c3113d430bf160ab47e215fc8739b86b6b6/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>South Korea to probe ship fire in Strait of Hormuz, Trump blames Iranian attack</span></h3><p></p></div></div><div><div><div><p><img height="3304" src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/2f33b10e90a21cb58fa0aeffe1b2923854e3b6be2a1ab414f7911e4cbd8c2e0a/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="4955" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/2f33b10e90a21cb58fa0aeffe1b2923854e3b6be2a1ab414f7911e4cbd8c2e0a/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p></div><p></p><h3><span>Trump says he looks forward to Xi summit even as tensions mount</span></h3><p></p></div></div></div></div></div></div><p>“The conflict is having the greatest impact on energy supplies rather than on other sectors, and alternative trade routes are ensuring resilience,” said Norbert Rucker, head of economics and next generation research at Julius Baer.</p><p>“This gives the conflict room to de-escalate, but a partial normalisation of trade around the Strait of Hormuz later this year, beyond the summer, remains essential,” he added.</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>

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<p>Singapore stocks fell on May 5, with the Straits Times Index (STI) down 0.1% to 4,920.61 amid tensions from new US-Iran clashes. Frasers Logistics & Commercial Trust gained 2.1%, while Venture Corporation dropped 3.6%. Local banks had mixed results, with UOB up 0.3% and DBS down 0.1%. The broader market saw 247 gainers against 334 losers, with 1.7 billion securities traded. Regional indices were mixed, with Hong Kong's Hang Seng Index down 0.8% and Malaysia's KLCI up 0.4%.</p>

Singapore stocks slip on fresh US-Iran clashes; STI down 0.1%