No relief rally for Singapore as STI ends flat

THE US and China may have moved to allay concerns over their trade fight but investors preferred to take the assurance with a pinch of salt.

On Tuesday, the Straits Times Index (STI) opened slightly higher where it stayed for most of the session, closing at 3,067.52, up 2.19 points or 0.1 per cent.

Markets in the Asia-Pacific, which faced sell-offs on Monday, mostly recovered with Australia, China, Japan and South Korea ending higher.