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Revisions

STI expected to stay flat but banks should provide earnings support

Singapore economy

STI expected to stay flat but banks should provide earnings support

Samantha Chiew Published on Wed, Apr 11, 2018 / 11:13 AM GMT+8

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SINGAPORE (Apr 11): March was a month riddled with bad news. As a result, the benchmark Straits Times Index (STI) tumbled 2.6% during the month, even though it ended 0.7% up for 1Q18.

Last month, the US administration slapped tariffs on US$50 billion ($65.4 billion) worth of Chinese imports, mainly in machinery and equipment.

See: Trump punishes China by considering broad curbs on Chinese imports, takeovers