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Singapore stocks track Wall Street losses to end lower

Hongkong Land Holdings is STI's only gainer; most regional markets finish in the red.

Claudia Tan HS

Published Wed, Sep 8, 2021 · 09:50 PM

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

SINGAPORE shares ended Wednesday in negative territory, tracking overnight losses on Wall Street as investors continue to grapple with lingering concerns over rising Covid-19 cases.

The Straits Times Index (STI) closed at 3,068.94 points, down 1.27 per cent or 39.59 points.

Markets in Asia largely tracked the weakness in the United States' reopening sectors as sentiments "continue to revolve around the elevated virus cases and lacklustre August US jobs report", said IG market strategist Yeap Jun Rong.

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