STI pares loss to end turbulent week 0.2% down

Published Fri, Oct 19, 2018 · 09:50 PM

SINGAPORE'S bourse ended the week down by 0.2 per cent - not the most ideal but paring the 0.8 per cent loss encountered in the beginning of the week.

It capped a mixed week of trading for Asian stocks which endured issues ranging from rising US interest rates to global geopolitical tensions and the omnipresent US-China trade conflict.

One of the biggest data points came from China's economy, which grew 6.5 per cent year on year but was the slowest rate since 2009.