MARKETS in Asia were mostly lower on Thursday as recent investor confidence faded on trade tensions between the US and the European Union and growing concerns about the slowdown in the global economy.
Trading clocked in at 1.15 billion securities, about 91 per cent of the daily average over the first three months of 2019. Total turnover came to S$1.09 billion, 6.4 per cent above the January-to-March daily average.Genting Singapore was the blue-chip index's most traded, ending the session flat at 96.5 cents with 57.6 million shares changing hands. The counter has shed 10.8 per cent since an increase in the casino entry levy and higher casino tax rates were announced, along with a S$4.
IG Market strategist Pan Jingyi said that a number of the main gainers on the day had"mostly been with the defensives with the telecommunication services, and utilities did not fare too badly either".
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