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Heavy selling hits STI

This comes ahead of expected Tuesday collapse on Wall St; index is in negative territory for year so far
Wednesday, June 3, 2015 - 05:50
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The bottom fell out of the local stock market on Tuesday, partly because of an impending change to the liquidity rules of the Straits Times Index (STI), but mainly for reasons unknown.

THE bottom fell out of the local stock market on Tuesday, partly because of an impending change to the liquidity rules of the Straits Times Index (STI), but mainly for reasons unknown.

The only hypothesis dealers could offer was that the 51.36-point or 1.5 per cent plunge by the STI at 3,

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