Singapore, Jan. 25 -- The focal point of market talk this week was on the spread of the Wuhan coronavirus ahead of Chinese New Year, as fears of the possibility of a new widespread epidemic kept investors on their toes.
China has stepped up its efforts by widening a travel ban beyond Wuhan, where the virus originated, with public transport now suspended in more than 10 cities.
Overall, cautious attitudes still prevail in Asia, despite the backdrop of global equities trading near all-time highs, steady corporate earnings and a recovering global economy.
In a shortened session yesterday, the Straits Times Index (STI) made steady gains across the session to finish at 3,240.02, adding 5.46 points, or 0.2 per cent.
On the week, the STI l...