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STI takes breather from virus worries

Asian equities notch up gains, but strategists caution investors to rein in optimism

Published Tue, Feb 11, 2020 · 09:50 PM

ASIAN equities recovered from Monday's slide due in part to a strong showing on Wall Street, where the main benchmarks hit record highs.

Singapore's Straits Times Index (STI) clawed back most of the previous session's losses to close 12.42 points or 0.4 per cent higher at 3,175.57.

Elsewhere in the Asia-Pacific, Australia, China, Hong Kong, Malaysia, South Korea and Taiwan all notched up gains.

Japan was closed.

Of the bunch, the Shanghai Composite Index added 11.19 points or 0.4 per cent …

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