Singapore shares opened higher but closed in the red on Monday (Jul 24), joining China’s key indices in red ink while the rest of the major Asian bourses registered gains.
$富時新加坡海峽指數(.STI.SG)$ declined 0.4 per cent or 13.16 points to 3,265.14, with 14 of the 30 constituents including the banking trio finishing lower.
China’s fiscal conditions still face persistent challenges this year, especially from falling land sales revenue and...