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HK bounce and Wall Street fail to lift STI

Dragged down by banks, the index drops for a fifth consecutive day; SGX queries CEFC International for third time in four months

A weak session on Thursday ended with the Straits Times Index (STI) falling 22.58 points or 0.76 per cent to 2,959.01 in a low volume of 1.1 billion units worth S$944.7 million. The fall came mainly through selling of the banks and happened despite a large bounce in Hong Kong and a slight gain