ST Index ends 0.5% lower in cautious session

RAINY days and Mondays already don't do much to lift spirits. And this week, with two major central bank meetings coming up - the first ones since the shock Brexit vote for Britain to leave the European Union in late June - it should perhaps be no surprise that local stocks were weighed down as well.

Caution reigned in the session, which saw Singapore stocks finishing 0.5 per cent lower with attention more on blue-chips.

The Straits Times Index (STI) dropped 15.5 points to 2,929.85 and …