Singapore shares end flat after Thursday's volatile session

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Singapore shares end flat after Thursday's volatile session.

PERHAPS unsurprisingly, it was the mixed news flow ahead of the US-China talks that were grabbing the most attention that made for a topsy turvy session in Asia.

In the Asia-Pacific, South Korea ended lower. Those in China, Hong Kong and Japan posted gains while Australia and Malaysia were little moved. Across the market, decliners edged out advancers 177 to 174. Thirteen of the blue-chip index's 30 counters ended in the red. But IHS Markit senior research analyst Wong Chong Jun feels Singtel is unlikely to cut its payout to investors and has shown its ability to generate strong free cash flow to support its dividend policy.

 

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