STI dips on investor caution
Shares finish 3 points lower at 3,367.80; Genting Singapore drops 2.5 cents after JPMorgan downgrade
A NEWS-heavy day meant that the Singapore market had a busy mid-week session on its hands.
The flurry of activity was attributed to a number of very different factors that weighed on investors' minds, market watchers said.
This resulted in a tussle between the bulls and bears, with the Straits Times Index (STI) finishing 3.00 points or 0.1 per cent lower at 3,367.80.
But news developments aside, "the market seems to be in a waiting mood for more data, such as this Friday's US jobs report to assess the impact of the trade …
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