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STI dives 4.3% in worst post-crisis fall

Sharpest fall since global financial crisis comes as Wall Street plunges amid a host of adverse factors

Published Mon, Aug 24, 2015 · 09:50 PM
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THE Singapore market continued to skid southwards and deeper into sub-3,000 territory on Monday after an ominous gap-down in early trade that had no immediately obvious trigger apart from Wall Street's Friday tumble - which itself appeared to have been brought about by the same fears that overran local shares last week.

Notching up its worst drop since the dark days of the global financial crisis, the Straits Times Index (STI) fell 127.62 points to end the day at 2,843.39, amid a losing streak that has lasted si…

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