Singapore stocks: STI resumes Friday afternoon at 3,102.16, down 0.8% on day

The Business Times | Aug 16, 2019 at 12:00 AM
  • ENCOURAGING US retail sales data may have eased worries on Wall Street after recent US yield curve inversions but sentiment in the local market remained risk-off on global recessionary concerns and stubborn trade disputes.
  • Hong Kong and China shares continued to trade higher as investors turned to bargain hunting after Beijing signalled support for its economy, leaving the door open for further fiscal measures.
  • It remains the most traded counter in the Singapore equities market with 68.1 million shares traded.