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Cautious day of trading in Asia
STI sheds 0.1% at the start of what is to be a busy week of events likely to affect the markets
Add BT as a preferred sourcePublished Mon, Jan 28, 2019 · 09:50 PM
A MANIC Monday markets did not have. It was instead a day of cautious trading.
Asian markets started the week off mixed, with investors bracing themselves for a busy week: Key events are the US-China trade talks, the Brexit "B" plan decision and the Federal Reserve's policy meeting. Weak Chinese industrial profit figures released on Monday also weighed on the region's markets.
In Singapore, the benchmark Straits Times Index (STI) spent much of Monday in the black, but ended the day down 2.75 points or 0.1 per cent to 3,199.50.
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