SUBSCRIBERS

ST Index finding support at 3,200

US action on foreign telco equipment sends tech counters down, but defensively positioned Netlink NBN Trust up

Published Thu, May 16, 2019 · 09:50 PM

VOLATILITY remains the mantra as regional markets continued to ebb and flow on Thursday, contributing to a mixed session in Asia.

But the Singapore market managed to trend upwards after opening lower following Washington's move to ban US companies from using foreign telecoms equipment.

Entering the mid-day break flat, the Straits Times Index (STI) continued to reverse the early session's dip to close up 11.49 points or 0.4 per cent at 3,230.26.

Copyright SPH Media. All rights reserved.