Singapore stocks fell 0.3% on April 11 amid high US inflation rates, with STI at 3,227.61.
Singapore stocks fell 0.3% on April 11 amid tepid sentiment from high US inflation rates, with the Straits Times Index (STI) dropping to 3,227.61. Local shares fared better than US counterparts, with the S&P 500 down 0.9%, the Dow industrials slipping 1.1%, and the tech-heavy Nasdaq falling 0.8%. The mixed regional markets saw Japan's Nikkei 225 decline 0.4%, Hong Kong's Hang Seng Index shed 0.3%, and South Korea's Kospi inching up 0.1%.
April 11, 2024
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