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Hawk sighting sends investors scampering

Selldown sees ST Index fall one per cent, as losers outnumber gainers seven to four

Published Mon, Aug 29, 2016 · 09:50 PM
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SIGHTINGS of a hawk at the US Federal Reserve sent Singapore investors scurrying into their burrows on Monday, although it was only a light population that was actually out foraging.

The Straits Times Index dropped one per cent, or 28.22 points, to end the session at 2,829.43 amid light trading that was dominated by blue chips.

Losers outnumbered gainers 248 to 141, or about seven down for every four up.

KEYWORDS IN THIS ARTICLE

Straits Times Index
Interest rates

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