The Business Times

Singapore stocks finish weaker, STI drops below 3,100 in highest volume of the year

Published Tue, Feb 28, 2017 · 09:29 AM

ON the last day of the month the Straits Times Index on Tuesday fell 12.01 points to 3,096.61, very much within expectations as markets wait to hear US President Donald Trump's address to Congress.

The broad market sagged with 166 rises against 348 falls excluding warrants, but it was the spurt in volume which caught the eye as it suggested month-end portfolio rebalancing - 2.7 billion units worth S$2.7 billion, more than twice the S$1.1 billion done on Monday and the highest one-day total in 2017.

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