Singapore shares fall on Friday, down 1.7% on the week

IT WAS another topsy-turvy week of trading in Asia, with the focus still on global recessionary concerns and trade disputes - even as strong US retail sales data for July may have eased worries on Wall Street.

That said, investors here and in the region did take the opportunity to pick up some oversold counters as the week progressed.

Singapore's Straits Times Index (STI) continued to trend downward, though it ate away at a 1 per cent opening loss to close at 3,115.03, down 11.06 points or 0.4 per cent.