[SINGAPORE] Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European shares on Thursday.
As at 9.01 am, the Straits Times Index (STI) fell nearly 60 points or 1.5 per cent to 3,882.24.
Across the broader market, losers outnumbered gainers 211 to 51 after 163.3 million securities worth S$350.5 million changed hands.
Local banking stocks were down at the open. DBS slipped 1.9 per cent or S$0.87 to S$44.65, UOB fell 1.2 per cent or S$0.45 to S$36.43, and OCBC traded 1.2 per cent or S$0.20 lower at S$16.89.
Some markets in the rest of Asia also piled on the losses from Thursday, as US President Donald Trump’s tariffs roiled global markets. Japan’s Nikkei 225 tumbled 2.3 per cent, while Australia’s ASX lost 1.4 per cent.
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