Singapore shares fall 0.4% on Wednesday ahead of Fed's July minutes

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Singapore shares fall 0.4% on Wednesday ahead of Fed's July minutes.

WEDNESDAY'S Asian session typified one lacking market catalysts as investors preferred to stay on the sidelines ahead of the release of minutes from the US Federal Reserve's July meeting and its chairman Jerome Powell's Jackson Hole speech later in the week.

Elsewhere in the Asia-Pacific, markets were mixed with Australia, China, Japan and Malaysia ending lower. Hong Kong and South Korea bucked the trend, posting slight gains. On 77.9 million shares traded, Thai Beverage was the blue-chip index's most active, advancing 3.5 Singapore cents or 3.9 per cent to close at 92.5 cents.

 

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