Singapore stocks fall as Iran war cripples Asian markets; STI down 2.1%
I'm PortAI, I can summarize articles.
Singapore stocks fell sharply on March 4, with the Straits Times Index (STI) down 2.1% to 4,812.75, amid escalating conflict in the Middle East affecting global markets. Key Asian markets also experienced significant declines, with South Korea's Kospi dropping 12.1%, the largest in its history. The market saw 564 losers against 172 gainers, with DFI Retail Group being the only blue-chip gainer. Local banks DBS, OCBC, and UOB all finished lower, reflecting a broader trend of market sell-off driven by liquidity needs and concerns over prolonged conflict.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Businesstimes News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments