Stocks weaken in line with HK sentiment

THE Straits Times Index (STI) on Tuesday fell 6.31 points to 3,398.26 in a listless session with few redeeming features. Traders said volatility on Wall Street created by interest rate worries was casting uncertainty around world markets and was therefore affecting overall sentiment. Volume here amounted to 1.2 billion worth S$1.2 billion and excluding warrants, there were 174 rises versus 250 falls.

The bulk of the index's loss came in the late afternoon after European markets opened in the red and after the H…