Uneventful session sees STI slide

WITH neither economic data releases to ponder over nor updates from the US-China trade front, Wednesday's session was mostly uneventful.

But for a day of light trading, there was a noticeable pick-up in property stocks and real estate investment trusts (Reits).

The Straits Times Index (STI) opened slightly higher but retreated as the session wore on, eventually settling at 3,056.47, down 11.05 points or 0.4 per cent. The blue chip index is down 0.4 per cent in 2019.

It was a mixed bag elsewhere in the Asia-Pacific. Markets in Australia, Japan, Malaysia, and South Korea closed in the black. On the other hand, China and Hong Kong dipped. Hong Kong's benchmark …