Singapore stocks: STI resumes Wednesday afternoon down 0.5% on day

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SINGAPORE shares resumed trading on Wednesday afternoon in negative territory, with the Straits Times Index (STI) down 0.5 per cent or 12.41 points on the day to 2,492.35 as at 1.04pm. Read more at The Business Times.

Elsewhere in the region, Asian shares fell on Wednesday and oil prices hit lows not seen since June, after a rout of technology shares sank Wall Street for a third consecutive day, and a major drugmaker delayed testing of a Covid-19 vaccine.

As the tech-fuelled sell-off hit Wall Street, observers say investors are looking to the options markets. For now, few investors appear eager to buy the dip, which has sent the tech-heavy Nasdaq down 10 per cent from its highs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines