Market cap falls 2.9% on trade war concerns

The Singapore bourse's market cap stood at $984.5 billion at the closing bell on March 29, the last trading day of the month. A Daiwa report last month noted that the United States and China are locked in a geopolitical contest, which it calls a "gre
The Singapore bourse's market cap stood at $984.5 billion at the closing bell on March 29, the last trading day of the month. A Daiwa report last month noted that the United States and China are locked in a geopolitical contest, which it calls a "great power rivalry", and Asia is caught in between.ST FILE PHOTO

STI's market value also dips 3.1%; DBS and OCBC among top losers in dollar terms

The market capitalisation of the Singapore bourse slipped 2.9 per cent last month in the wake of trade war concerns.

Market cap stood at $984.5 billion at the closing bell on March 29, the last trading day of the month.

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A version of this article appeared in the print edition of The Straits Times on April 02, 2018, with the headline 'Market cap falls 2.9% on trade war concerns'. Print Edition | Subscribe