Meanwhile, the financials were nursing declines after the midday break - OCBC led the way with a 1.4 per cent or 15 Singapore cents fall to S$10.74, DBS lost 1 per cent, or 25 cents to S$24.60, and UOB was down 1 per cent, or 24 cents to S$23.87.
In a research note on Thursday, OCBC highlighted that with global risk appetite continuing to ebb, US stocks retreated further to a 12-week low overnight, and 10-year US Treasury bond yield tumbled 2.2 per cent - the lowest since September 2017 - amid increased speculation of Federal Reserve rate cuts.
Elsewhere, Asian equities were also on the back foot on Thursday, as concerns over an escalating trade war between the two world-largest economies loomed over global markets. Separately, analysts from Phillip Futures also noted that global indices futures generally remained suppressed amid concerns about global growth.
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Singapore stocks: STI resumes Friday afternoon at 3.155.60, down 0.2% on dayTHE Singapore market continued to trend lower, with sentiment weighed down by the US-China trade spat and dipping global growth, sending investors to safe-haven assets. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Singapore stocks: STI resumes Tuesday afternoon at 3.167.24, down 0.1% on dayLACKING catalysts, regional markets drummed to their own beat on Tuesday, with the Singapore market continuing to trade moderately lower, weighed down by financials. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Singapore stocks: STI resumes Wednesday afternoon at 3,159.63, down 0.2% on dayTRADE worries and growth concerns continued to fester after Wall Street returned from the Memorial Day break, which made for a sea of red across Asian equity markets, with Singapore not spared either. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Singapore stocks: STI resumes Friday afternoon at 3.155.60, down 0.2% on dayTHE Singapore market continued to trend lower, with sentiment weighed down by the US-China trade spat and dipping global growth, sending investors to safe-haven assets. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Singapore stocks: STI resumes Tuesday afternoon at 3.167.24, down 0.1% on dayLACKING catalysts, regional markets drummed to their own beat on Tuesday, with the Singapore market continuing to trade moderately lower, weighed down by financials. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »
Singapore stocks: STI resumes Wednesday afternoon at 3,159.63, down 0.2% on dayTRADE worries and growth concerns continued to fester after Wall Street returned from the Memorial Day break, which made for a sea of red across Asian equity markets, with Singapore not spared either. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »