Market cap falls 2.9% on trade war concerns

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

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
Updated
Apr 02, 2018, 05:58 AM
Published
Apr 02, 2018, 05:00 AM
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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. Subscribe

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