THE 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.
"It’s taken quite a while, but finally, markets appear to be starting to price in the effect of an extended US-China trade war on global growth," said Oanda senior market analyst Jeffrey Halley. Among them, Yangzijiang Shipbuilding was the benchmark index's most traded stock, with 26.9 million shares changing hands. The shipbuilder was trading one Singapore cent or 0.7 per cent lower at S$1.37.
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Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks: STI resumes Tuesday afternoon at 3,192.65, down 0.4% on daySINGAPORE stocks edged down as trading resumed on Tuesday afternoon, with the Straits Times Index dipping 0.40 per cent or 12.81 points to 3,192.65 as at 1.00pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks: STI resumes Wednesday afternoon at 3.192.26, up 0.3% on daySINGAPORE shares trended upward after Tuesday's losses, buoyed by relief over Washington's temporary relaxation of curbs against China's Huawei Technologies. That said, a sense of caution remains among investors here and in the region over ongoing trade frictions between the US and China. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »