Fall in earnings drags Singapore's May market cap

Singapore

A PULLBACK in finance, real estate, transport and manufacturing counters in May led the value of Singapore bourse members to dip 1.5 per cent to S$987.1 billion, from about S$1 trillion in April 2018. (see amendment note)

The share price dip was more pronounced among the blue chips that make up the benchmark Straits Times Index (STI); they fell 2.9 per cent to S$579.3 billion. (see amendment note)