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SGX: Stocks slip in cautious trade

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SGX: Stocks slip in cautious trade Empty SGX: Stocks slip in cautious trade

Post by hlk Tue 19 Jul 2011, 07:41

STOCKS ended slightly lower yesterday as better-than-expected results from the "stress test" of banks in Europe provided the market some relief, but investors still remained cautious about the debt problems in the eurozone and the US.

The Straits Times Index lost 0.17 per cent, or 5.29 points, to 3,078.95.

"... European and US debt woes continue to weigh down sentiments," said Song Seng Wun, a regional economist at CIMB-GK Research. - Agencies


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