Singapore stocks dip 0.25% despite regional market shine
SINGAPORE stocks slid slightly on Thursday as the United States government shutdown continued for a third day, shrugging off a positive lead from Hong Kong.
The benchmark Straits Times Index (STI) dipped 7.79 points, or 0.25 per cent, to 3,144.79. Some 3.2 billion shares worth $1.2 billion were done.
Key regional markets mostly ended mildly higher, with Hong Kong shining prominently with a 1 per cent gain, buoyed by upbeat sentiment on the Macau casino and Chinese consumer sectors.
Taiwan stocks soared 1.73 per cent while Australia edged up 0.37 per cent.