Singapore stocks end week lower as investors tread with caution

LOCAL shares ended the dreary trading week lower, as traders kept a close watch on factors such as interest rates, inflation levels and the war between Russia and Ukraine.

The benchmark Straits Times Index fell 0.2 per cent or 6.37 points to finish the week at 3,335.85 on Thursday (April 14), ahead of the Good Friday public holiday on April 15.

"The uncertain path of US bond yields and the Ukraine war knock-on effects could be preventing equity investors from getting aggressively back in the saddle. There is no consensus on whether the curve might re-steepen or invert more deeply," said Stephen Innes, managing partner at SPI Asset Management.