Monday, 3rd of September 2018
#Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and Nafta talks with Canada hitting a wall.
Japan's Nikkei ended the morning session 0.5 per cent lower, Hong Kong lost 0.9 per cent and Shanghai fell one percent. Singapore lost 0.4 per cent, Seoul shed 0.6 per cent and Sydney was marginally lower.
There were also losses in Wellington, Taipei, Manila and Jakarta.
The optimism that flowed through trading floors at the start of last week has been replaced by a now-familiar sense of dread after the US president hit out at Ottawa over the weekend as the two sides struggle to hammer out a new deal.
The Straits Times Index $STI(^STI.IN) also moved south with a 6.28 points or 0.2% lower to 3,207.20
Active stocks include $DBS(D05.SI) flat at $24.950, $SingTel(Z74.SI) drop 3 cents to $3.200, $UOB(U11.SI) drop 28 cents to $26.780 while $Genting Sing(G13.SI) gained 4 cents to $1.110 and $CapitaLand(C31.SI) drop 1 cent to $3.420.
Losers outnumbered gainers by 240 / 154
The STI components with 11 counters as gainers, 5 counters remain unchanged while 14 counters were losers.
Banks and Telcos might have pulled down the Indices or investors staying sideline.