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HK slide, soft Europe opening hit STI

Falls in Keppel and Hutchison Port weigh on index in quiet trading day

Possibly affecting sentiment was an uncertain session in Hong Kong, where the Hang Seng Index opened with a triple-digit point loss, and then regained all of this before once again weakening to end a nett 0.64 per cent lower for the day.

After the volatility of last week, the Straits Times Index kicked off this week with a quiet session on Monday, drifting within a narrow band before a slide in Hong Kong and a soft opening for Europe in the late afternoon took it to a nett loss of 13.34 at 3,418.02.

Volume also dropped