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Banking stocks lead June's broad-market slide

Fears of trade war, Fed hikes, falling yuan, plus school holiday, World Cup season weigh on Singapore equities

Published Sun, Jul 1, 2018 · 09:50 PM

Singapore

BANKING stocks led a broad-market slide in June that saw the Singapore equity market take a beating from fund outflows on fears over a US-China trade war.

Total market capitalisation of some 738 listed companies on the Singapore Exchange stood at S$947.3 billion as at June 29, down 3.4 per cent from S$981.0 billion for 739 Singapore-listed companies as at May 31.

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