Singapore shares extend losses ahead of Trump-Putin peace talks; STI down 0.6%
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Singapore's Straits Times Index (STI) fell 0.6% to 4,230.53, continuing a two-day decline as markets awaited peace talks between US President Trump and Russian President Putin regarding the Russia-Ukraine war. Analysts express concerns over potential tensions and sanctions if talks stall. The broader market saw 302 decliners against 233 gainers, with UOB leading losses among local banks. Meanwhile, regional indices showed mixed results, with Japan's Nikkei 225 rising 1.7% and Hong Kong's Hang Seng Index dropping 1%.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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