STI dips 0.3% as caution rules amid summit

"MEH" pretty much wraps up the reaction of the Singapore bourse to the "better-than-expected" outcome of the historic US-North Korea summit held right here on Tuesday as more pressing issues dominated investors' attention.

The key Straits Times Index stayed in the red for most of the day after logging brief gains in the early hours and retreated 11 points or 0.32 per cent to finish at 3,430.69.

Elsewhere in the region, the outcome was mixed with South Korea's Kospi closing flat - down 0.05 per cent - while key indices in Japan, Hong Kong and China spotted gains and Malaysia finished in the red.