The Straits Times Index of the

2022-02-19

The Straits Times Index of the Singapore stock market was under pressure again in late trading, and the pressure came from bank stocks again. The STI fell 0.37% or 12.67 points throughout the day and closed at 3428.90 points, unchanged for the week.

The Hong Kong stock market accelerated its decline at the end of the market today (Friday, February 18), dropping 1.88% throughout the day. In addition to being dragged down by the Ukraine factor and the 15% plunge in the stock price of Meituan, investors were also worried about interest rate hikes and the local coronavirus epidemic. Hong Kong stocks fell 2.32% for the week

Major Asia-Pacific stock markets were generally weaker, with Sydney down 0.95% (down 0.17% for the week), Tokyo down 0.41% (down 2.07%) and Seoul edged up 0.02% (down 0.12%). Shanghai and Shenzhen stocks rose 0.66% (up 0.80%) and 0.42% (up 2.16%), respectively

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