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Singapore stocks start trading week in the red alongside regional peers

Straits Times Index slips 0.6% as fears of extended lockdowns, rise in inflation in China weigh on markets.

Uma Devi
Published Mon, Apr 11, 2022 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

LOCAL shares ended the first trading day of the week in the red. Like regional stock markets, the Singapore bourse took a cue from a rise in China's inflation data.

China's March producer price index (PPI) also rose 8.3 per cent year-on-year, official data showed.

In Singapore, the benchmark Straits Times Index fell 0.6 per cent or 19.72 points on Monday (Apr 11) to close at 3,363.56.

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