Singapore shares open 13 points lower on Tuesday
SHARES in the Singapore bourse opened lower with the key Straits Times Index down 13.19 points at 3,095.43 ahead of US President Donald Trump's address.
Some 156 million shares worth S$294.3 million were done with 48 counters up and 62 down.
There are a few things that the market will hunt for in Mr Trump's address such as tax, infrastructure and trade policies, said IG Markets strategist Jingyi Pan.
"The lack of details may not placate the increasingly impatient market. Should the details - or the lack of - disappoint the markets, the hunt for safe havens may pick up instead," she added.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results