WITH the US and China deadlocked in trade deal negotiations and uncertainty growing among investors, the Singapore market started the week in negative territory, continuing to trend downwards in the afternoon session.
Shortly after the afternoon session commenced, volume clocked in at 343.12 million securities traded and total turnover came in at S$426.44 million. Meanwhile, OCBC Bank was lower by S$0.18 or 1.6 per cent at S$11.21; and United Overseas Bank dropped S$0.28 or 1.1 per cent to S$25.33.
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Singapore stocks: STI resumes Wednesday afternoon down 1%; other Asian markets also lowerTHE Singapore market extended losses made in the early session, following Wall Street's delayed reaction to the US's move to raise tariffs on Chinese goods on Friday, driving uneasiness among investors hoping for a resolution to a US-China trade deal. Read more at The Business Times.
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Singapore stocks turn negative after Trump tariff hike: STI down 0.05%SINGAPORE stocks resumed trading on Friday afternoon in negative territory, with the Straits Times Index down 0.05 per cent or 1.71 points to 3,267.99, on the day as at 1.01pm. Read more at The Business Times.
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Singapore stocks: STI resumes Tuesday afternoon at 3,304.94, up 0.44% on daySINGAPORE stocks edged up as trading resumed on Tuesday afternoon, with the Straits Times Index rising 0.44 per cent or 14.32 points to 3,304.94 as at 1.02pm following a bounce back in early morning trade as the market continued to pare Monday's losses. Read more at The Business Times.
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