MARKETS & INVESTING | Tim Charlton, Singapore

Singapore shares extend losses on Tuesday trade

The Straits Times Index ended some choppy Tuesday trading down by 6.73 points, or 0.23%, at 2,977.17.

About 2.1 billion securities worth S$1.44-billion changed hands, with advancing stocks outnumbering decliners, 274 to 210.

Among the top gainers were Thai Beverage with 3.25% or S$0.025 gain, CapitaLand up by 2.04% or S$0.07 increase, and CityDev which went higher by S$0.14 or 1.95%.

On to Wall Street, most US stocks have reversed their losses on Monday trade, with the Dow Jones Industrial up by 60 points or 0.19% to 31,068.69.

The S&P 500 ended up by 0.04% or 1.58 points at 3,801.19, while the NASDAQ also increased by 0.28% or 36 points to 13,072.43.

Meanwhile, London's blue-chip index also dropped on Tuesday as investors worry on the looming economic damages of the coronavirus.

FTSE 100 fell 0.65% or 44.37 points at 6,754.11, dragged by pharmaceutical, household, and consumer stocks. FTSE 250 also ended lower by 0.30% or 63.17 points at 20,712.96.

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