Singapore equities stop slide but drop 1.1% on the week

THE local market managed to reverse mid-session losses to close out Friday higher. But investors continue to tread choppy waters with caution, with sentiment still weighed down by the US-China trade spat.

Singapore's benchmark Straits Times Index (STI) closed at 3,169.89, up 9.17 points or 0.3 per cent.

"The local benchmark was shrouded in the state of pressure from the US-China trade conflict into Friday morning, before finding some buying interest ahead of the 3,150 support level," IG market strategist Pan Jingyi observed.