Trade rhetoric weighs on Singapore shares and sentiment
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SINGAPORE shares capped off another torrid week on Friday amid mounting trade tensions between the US and China, with the Straits Times Index posting a second straight week of losses. The local bourse fell 0.77 per cent or 24.80 points to 3,205.46 amid risk-off sentiment.
Over one billion shares worth S$870.56 million changed hands. Decliners pipped advancers 213 to 165.
On the week, it dropped 68.04 points or about 2 per cent from last Friday's close of 3,273.50.
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