STI extends losses as bank stocks fall
Singapore index sheds another 28.6 points; most markets in the region end on a weaker note
SINGAPORE equities drifted uninspiringly lower for a second straight day this week, dragged by weaker banking stocks, index movers and oil and gas related counters.
The benchmark Straits Times Index (STI), which tracks Wall Street closely, wrapped up Wednesday's session at 3,201.77 after losing 28.65 points or 0.89 per cent.
Turnover came in at 2.2 billion units valued at S$1.1 billion, comparable to 2017's average dollar value of about S$1 billion. Excluding warrants, losers outnumbered gainers 275 to 153.
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