While “upward momentum in risk appetite has faltered slightly”, Mr Innes pointed out that markets have been willing to look past weak economic data by focusing on the recovery phase.
At the bottom of the STI's table was Singapore Airlines, falling 1.1 per cent or S$0.05 to S$4.33. The only other two stocks that ended in the red were Singapore Press Holdings and Wilmar International, dipping 0.7 per cent to S$1.36 and 0.5 per cent to S$4.07 respectively.
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