"Asia prefers to look nervously at Wall Street's overnight losses and that dirty two-word phrase, trade talks," Oanda senior market analyst Jeffrey Halley commented.
Across the market, decliners outpaced advancers 258 to 155. Meanwhile, the benchmark index had 23 of the STI's 30 components trading in the red.DBS Group Holdings fell S$0.19 or 0.7 per cent to S$26.58, OCBC Bank slipped S$0.13 or 1.1 per cent to S$11.44 while United Overseas Bank dropped S$0.27 or 1 per cent to end at S$25.73. Of the three, only OCBC has yet to announce its earnings for the first quarter, which are due on Friday.
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