With HK closed, it's quiet on trading front

WITH Hong Kong closed for the Ching Ming festival, trading here on Tuesday was quiet ahead of US President Donald Trump's meeting with China's President Xi Jinping on Friday.

The Straits Times Index (STI) traded within a narrow band before finishing with an 8.45-point loss at 3,179.06, while turnover at 1.8 billion units worth S$882 million was low when compared to Monday's S$1.2 billion and Friday's S$1.6 billion, though it was within expectations given Hong Kong's closure. Excluding warrants there were 250 rises versus 194 falls.

The day's most active stock was the mainboard's Chasen Holdings, an investment holding company with subsidiaries in specialist relocation solutions, technical and engineering services and third-party logistics.