Tuesday, 28 February 2017

SINGAPORE SGX MARKET OPEN 13 POINTS LOWER ON TODAY


SHARES in the Singapore bourse opened lower with the key Straits Times Index down 13.19 points at 3,095.43 ahead of US President Donald Trump's address.

Some 156 million shares worth S$294.3 million were done with 48 counters up and 62 down.
There are a few things that the market will hunt for in Mr Trump's address such as tax, infrastructure and trade policies, said IG Markets strategist Jingyi Pan.

"The lack of details may not placate the increasingly impatient market. Should the details - or the lack of - disappoint the markets, the hunt for safe havens may pick up instead," she added.



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