Meanwhile, the financials opened mixed - DBS fell 1.7 per cent or S$0.48 to S$27.77, UOB slipped 0.2 per cent or five Singapore cents to S$27.78, and OCBC bucked the trend to gain 0.3 per cent or three Singapore cents to S$12.13.
Elsewhere in Asia, China and Japan are on holiday for the rest of the week, and market observers noted that Asia will react to the US FOMC on Thursday, taking cues from the US markets' performance on Wednesday. "Sentiment could be supported by positive headlines from the US-China trade negotiations. US and China have concluded the latest round of meeting in Beijing on Wednesday, with Chinese Vice-Premier Liu He due to travel to Washington next week to continue the negotiations," UOB analysts highlighted in a research note on Thursday morning.
Source: News Formal (newsformal.com)
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