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STI dips 0.2% as US Fed holds rates

Losers outpace gainers 218 to 192, with over 878 million shares worth S$1.11 billion changing hands

Published Thu, May 2, 2019 · 09:50 PM

SINGAPORE stocks finished lower on the first trading day of May, in line with most global equities, after the US Federal Reserve signalled it would remain on hold with monetary policy.

The Straits Times Index dipped on Thursday, by 0.2 per cent or 6.87 points, to 3,393.33.

Losers outpaced gainers 218 to 192, with over 878 million shares worth S$1.11 billion changing hands.

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