Geopolitics back to spook markets

NO SOONER had trade war tensions begun to ease that geopolitical tensions of a different nature started to rock markets again.

In Singapore, fears of rising conflict between US, Syria and Russia wiped out Wednesday's gains as Singapore's benchmark Straits Times Index followed in Wall Street's footsteps to dip 11.15 points or 0.32 per cent to finish at 3,468.61.

Some 1.6 billion shares worth S$1.1 billion were traded, while losers outpaced gainers 219 to 192.