STI takes a breather; snaps 5-day winning streak
Most other regional bourses also eased off except for China, with Shanghai Composite extending gains by 0.4%.
Add BT as a preferred source
SINGAPORE shares closed lower on Tuesday, snapping a five-day winning streak with the Straits Times Index (STI) losing 28.19 points or 1.05 per cent to finish at 2,661.42.
Most other regional bourses also took a breather from the recent strong rally, although there was no stopping China, with the Shanghai Composite extending gains by another 0.4 per cent on Tuesday.
Trading sentiments have improved lately as more countries reopened their economies and eased lockdown restrictions. Caution prevailed, however, as a lockdown returned in Melbourne, Australia.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
