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Growth, trade woes weigh on STI

Benchmark index down 22.20 points or 0.7 per cent to end at 3,183.26; decliners outnumber advancers 281 to 121

Published Tue, May 21, 2019 · 09:50 PM

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SINGAPORE stocks closed broadly lower on Tuesday, as the final reading on gross domestic product (GDP) missed expectations, and growth outlook was lowered.

The latest flare-up in the China-US trade relationship also weighed on investors' minds.

The Straits Times Index (STI) closed at 3,183.26, down 22.20 points or 0.7 per cent.

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