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S'pore shares slide, in line with regional bourses and Wall Street
The Straits Times
|May 23, 2025
• STI slips 0.1 per cent; losers outnumber gainers 288 to 178 • Singtel hits 52-week high after posting 2nd-half profit of $2.8b • Japan Foods falls to 52-week low after FY2024 red ink
The fiscal uncertainty that has soured market sentiment in the US sparked a sharp sell-off on Wall Street overnight and helped send most Asian bourses sliding into the red on May 22.
The Straits Times Index (STI) slid 2.46 points or 0.1 per cent to 3,880.09, with losers hammering gainers 288 to 178 on trade of 1.1 billion securities worth $1.4 billion.
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