Singapore Strait Times Index opened some 10 points lower on Monday to start the week on a soft note amidst declines from local banks.
During the day, the benchmark index ranged between 3,152.87 and 3,174.74, ending 0.43% or 13.79 points lower at 3,171.12.
In economic news, Singapore's manufacturing output increased 1.1% year over year in January, with the increase led by transport engineering output which increased 43.5%.
In company news, Seatrium's (SGX:S51) attributable loss widened to SG$1.68 billion in the second half of 2023, compared with SG$118.3 million in the year-ago period.
LHT Holdings (SGX:BEI) closed 17% higher on Monday, even as its full year attributable profit was down 43% in 2023 to SG$4.3 million, from SG$5.6 million.
Sim Leisure Group's (SGX:URR) shares fell 6% following news that the company's attributable profit for the second half of the year was down 5.3% to 13 million ringgit, versus 13.7 million ringgit in the year-ago period.