<div id="readability-page-1"><div>[SINGAPORE] Local stocks ended lower on Friday (Nov 21), tracking declines in the region.The benchmark Straits Times Index (STI) was down 1 per cent or 42.73 points at 4,469.14, although the iEdge Singapore Next 50 Index rose 0.6 per cent or 8.56 points to 1,455.49.Across the broader market, losers outnumbered gainers 477 to 161, after 1.5 billion securities worth S$1.8 billion changed hands.Key indices in the region ended lower. The Nikkei 225 fell 2.4 per cent, the Kospi Composite Index lost 3.8 per cent, the Hang Seng Index was down 2.4 per cent, and the FTSE Bursa Malaysia KLCI ended 0.2 per cent lower.Asia woke up to another blood-red tech board as the artificial intelligence (AI) valuation bubble wheezed under the weight of its own hype, said Stephen Innes, managing partner of SPI Asset Management.He added that the “true centre of gravity” for the sell-off was in the Japanese sovereign bond market, which is showing signs of destabilisation given its high debt load.“High-multiple AI names aren’t collapsing because of revised cashflow models; they’re collapsing because liquidity premia are shifting,” he said.“Asia’s tech rout is only the tip of the iceberg. Beneath it lies the destabilisation of the world’s quietest and most consequential bond market,” he added.On the STI, Sembcorp Industries was the biggest loser, falling 3.6 per cent or S$0.23 to S$6.08.Hongkong Land was the top gainer, rising 0.5 per cent or US$0.03 to US$6.33.The local banking trio ended lower. DBS fell 0.3 per cent to S$53.67, OCBC was down 1 per cent at S$18.07, while UOB decreased 0.1 per cent to S$33.85.</div></div>

香港置地控股

胜科工业

星展集团控股

大华银行

2 倍做空日圓 ETF - ProShares

新加坡股市在周五下跌，STI 指数下跌 1%，区域市场普遍走低。日经 225 指数和韩国综合指数也大幅下跌。人工智能估值泡沫和日本债券市场的不稳定加剧了抛售。胜科工业是 STI 中跌幅最大的股票，而香港置地控股略有上涨。当地银行星展银行、华侨银行和大华银行均以较低的价格收盘

新加坡股市周五跟随区域市场下跌；海峡时报指数下跌 1%