• The Straits Times Index (STI) ended May 29 at 3,323.2 points, down 6.89 points or 0.2 per cent, as most markets across Asia witnessed a decline.
• Advancers were outnumbered by decliners 255 to 311, while securities value traded was a relatively high $1.3 billion.
• Overnight, United States 10-year Treasury yields had risen as high as 4.556 per cent after improving consumer confidence data suggested that inflation could remain sticky.
• Most Asian markets fell in the aftermath.
• Hong Kong led the decline, falling 1.8 per cent. Other markets that fell more than 1 per cent included South Korea (down by 1.7 per cent), Indonesia (dipped 1.6 per cent) and the Philippines (declining by 1.4 per cent). China, however, bucked the trend. The Shanghai Stock Exchange Composite Index ended up 1.45 points or 0.05 per cent.