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Broad-based selling drags STI below 3,300

Banks, Jardine stocks and SingTel suffer losses as index sheds 0.8 per cent; offshore oil sector sees renewed pressure

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THE Straits Times Index (STI) sank 26.55 points or 0.8 per cent to 3,297.84 in tepid trading on Monday in which an uninspiring 1.3 billion units worth S$1.02 billion was done. The selling within the index was fairly broad- based and included banks, Jardine stocks and SingTel. Excluding warrants

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