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STOCKS

Late rebound offers hope on weak day

ST Index ends 21.72 points down at 3,202.15 after hitting an intraday low of 3,194; 396 stocks fall compared to 84 rises

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ON numerous days this year, the Straits Times Index's (STI) movements didn't properly represent that day's trading, especially when support for the banks and Jardine group pushed the index up strongly, giving the impression of healthy demand for stocks when the reality was that the rest of the market lagged far behind - ST PHOTO: BRYAN VAN DER BEEK

ON numerous days this year, the Straits Times Index's (STI) movements didn't properly represent that day's trading, especially when support for the banks and Jardine group pushed the index up strongly, giving the impression of healthy demand for stocks when the reality was that the rest of the