S-Reits advance amid weaker market
STI - weighed down by Singtel and certain Jardine counters - records its second straight session of fall and finishes 12.78 points lower
SINGAPORE equities put in a mixed performance as investors continue to grapple with the ever-changing narrative of US-China trade talks.
That said, units in real estate investment trusts (Reits) traded decidedly higher after US Federal Reserve chair Jerome Powell said the central bank is likely to hold interest rates in the coming months.
Mr Powell added that the US job market and wage growth were also supporting inflation.
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