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Data lull sees quiet day on Singapore bourse

Investors treading warily as they watch for comments from Fed officials and critical US data releases this week

Published Tue, Jul 16, 2019 · 09:50 PM

LACKING fresh catalysts, there was little impetus in the local equity market for a session with vibrant or at best, average turnovers.

That said, the Straits Times Index (STI) managed to add 12.08 points or 0.4 per cent to close at 3,360.03.

Elsewhere in the Asia-Pacific, markets in Australia, China and Malaysia were lower while Hong Kong and South Korea posted gains.

Vanguard Markets managing partner Stephen Innes called the Asian session "cautious and directionless" with traders "positioning gingerly knowing that the rest of the week is poth…

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