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STI dips as fears of Trump tariffs weigh on regional sentiment

The Straits Times

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November 22, 2024

● Index down 0.1%; losers outnumber gainers 284 to 233 ● SGX is STI's top performer; Singtel comes in at the bottom ● Trio of local banks end mixed; regional indexes in the red

- Ranamita Chakraborty

Investors painted the region a light shade of red on Nov 21 amid concerns about possible US trade tariffs under Donald Trump's upcoming presidency.

The Straits Times Index (STI) took a minor hit, dipping just 0.1 per cent, or 4.42 points, to 3,739.22, with losers beating gainers 284 to 233 on trade of 1.3 billion securities worth $1.2 billion.

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