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STI weakens for second straight day

Index falls 16.56 points amid selloff in China shares and depressed Dow futures, with OCBC leading the banks lower

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THE simple reason for the Straits Times Index's 16.56-point loss at 2,603.4 on Thursday was that it was in response to a 6.4 per cent fall in the Shanghai Composite and weakness in the Dow futures which signalled a down session for Wall Street ahead.

THE simple reason for the Straits Times Index's 16.56-point loss at 2,603.4 on Thursday was that it was in response to a 6.4 per cent fall in the Shanghai Composite and weakness in the Dow futures which signalled a down session for Wall Street ahead.

An equally possible explanation

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