Investors book profits after Monday rally
This comes as fading global outlook is underlined by disappointing economic data from the US and China
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE equities had got the week off to a flying start, following a surprise outcome from the Osaka meeting between the US and China.
But Monday's gains were followed by Tuesday's flat session, with the Straits Times Index (STI) finishing 1.46 points or 0.04 per cent lower at 3,370.80.
Investors preferred to book profits, as fading global outlook was further underlined by disappointing economic data from the US and China.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
