Singapore stocks finish weaker as doubts emerge on Wall St over Trump's plans
SUDDEN doubts over the Trump administration's ability to deliver on its campaign promises was said to have prompted Wall Street's Tuesday sell-off, its largest one-day fall of 2017. This meant selling pressure for the local market on Wednesday, which dragged the Straits Times Index down 40.38 points or 1.3 per cent to 3,118.19 - like the US, the biggest loss this year.
Wednesday's volume amounted to 2.5 billion units worth S$1.3 billion, which was moderate by 2017 standards. Excluding warrants, there were 138 rises versus 364 falls.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Shares end higher on tech support; banks slide
US: Stocks rally on cooler hiring numbers
Singapore stocks end week in the red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%