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Singapore shares slid today as investors continue to monitor renewed US-China trade fears.
The Straits Times Index was down 0.57% at 4,364.69 points at 1.59pm Singapore time, with a value turnover of S$1.03B seen in the broader market.
In terms of counters to watch, we have Mapletree Logistics Trust, after the manager of Mapletree Logistics Trust yesterday announced that it had completed the divestment of an Australian property for A$60 million (S$50.4 million).
Meanwhile, from how the Monetary Authority of Singapore (MAS) kept monetary policy settings unchanged for the second consecutive time in today’s quarterly policy meeting, to how silver prices touched an all-time high above US$52.50 an ounce, more economic headlines remained in focus
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Abhilash Narayan, Investment Strategist, HSBC Global Private Banking and Premier Wealth.
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