S'pore shares slump amid sour mood on Wall St; STI dips 1.8%

• Local banks in the red; DBS is STI's biggest loser, down 3.9% • Mapletree Logistics Trust is index's biggest gainer, up 0.9% • Regional indexes end mixed, with Nikkei shedding 3%

- Benjamin Cher

The giddy mood that supercharged markets on April 10 deflated on April 11 and pushed shares back into the red to end a traumatic week for investors here and elsewhere.

Wall Street's sour mood overnight following initial euphoria over the 90-day pause in the Trump tariffs hit home and sent the Straits Times Index (STI) down 1.8 per cent or 65.3 points to 3,512.53. Across the broader market, losers just outstripped gainers 257 to 241 on trade of 1.5 billion shares worth $1.9 billion.