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Losing streak continues on trade talk woes

STI fares better than its regional peers, but still slips 14.14 points to 3,269.70

Published Thu, May 9, 2019 · 09:50 PM

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THE Singapore market was not spared as stocks in Asia continued to slide on worries over the potential breakdown in US-China trade talks.

"For fear of sounding like a broken record, it was a sea of red cutting across the region as trade fears reigned supreme," IG market strategist, Pan Jingyi, observed.

"The heightened sense of volatility is expected to sustain until a clearer picture on trade can be derived."

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