REFILE-Singapore Hot Stocks - Creative Technology up by 22.7 pct

(Refile to correct date of story)

SINGAPORE Aug 3 (Reuters) - The benchmark Straits Times Index .FTSTI slid 0.64 lower as of 0245 GMT on Monday.

The following stocks were on the move: ** CREATIVE TECHNOLOGY UP 22.7 PCT

Shares in Singapore's Creative Technology (CREA.SI) jumped as much as 22.7 percent on Monday to S$5.52 from S$4.50, prompting a query from the Singapore Exchange.

The firm has not yet responded, but an analyst said the spike could be due to the firm's new partnership to produce high-quality PC sound systems with THX, a firm founded by film maker George Lucas.

Another trader from a local dealership said: "The stock has not been doing well in recent months and this could be a turnaround story."

** OCBC LEADS BANKING STOCKS LOWER

Shares of banking stocks fell on Monday after cautious investors moved to sell banks ahead of earnings this week, analysts said.

Shares of OCBC (OCBC.SI) fell by as much as 2.7 percent to S$7.61 while UOB slid by as much as 2.5 percent to S$17.24. Similarly, shares of DBS Group Holdings (DBSM.SI) fell by as much as 1.3 percent to S$13.70.

OCBC, Singapore's smallest listed bank, will announce its second quarter earnings later on Monday, which could see the lender reporting a 16 percent drop in quarterly earnings. DBS Group and UOB are expected to announce their results later this week.

OCBC announced late on Friday it may take a S$218 million hit in the third quarter after its insurance arm announced it will redeem policy holders' credit derivatives at a loss.

"I think nobody wants to second-guess how rosy the results could look like," said a trader from a local broker. "Banks have risen but now at this stage analysts are voicing out warnings again that it is not boom time and that people should rein in their most bullish expectations."

(Reporting by Brenda Goh; Editing by Kevin Lim)