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STI dips, bucking regional trend

Financials weigh on the index's performance, but advancers outpace decliners 188 to 177

Published Tue, May 28, 2019 · 09:50 PM

REGIONAL markets drummed positively to their own beat in a Tuesday session that lacked market catalysts. But the local market bucked the trend closing lower, weighed down by financials.

Singapore's Straits Times Index (STI) closed at 3,165.32, down 5.45 points or 0.2 per cent. Elsewhere in Asia, China, Hong Kong, Japan, Malaysia and South Korea closed higher.

"Against the backdrop of a lack of reaction towards US President Donald Trump's words (on not being read…

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