STI ends flat, all juiced out for the day

Monday break for Wall Street means absence of leads for local market, with the index stemming three straight sessions of gains

Anita Gabriel

Published Tue, May 26, 2015 · 09:50 PM

valuetronics

THE local bourse ran on very little juice on Tuesday, closing flat as trading meandered rudderlessly in the absence of leads, chiefly because Wall Street was shut overnight on Monday for Memorial Day.

The benchmark Straits Times Index lost 0.87 point or 0.02 per cent at 3,459.98, snapping three straight days of gains.

That wasn't the case in most major markets in the region, with mainland China's benchmark indices turning up a stand-out performance.

The Shanghai Composite soared 2 per cent while Hong Kong's Hang Seng played catch-up upon return from a long weekend, with a gain of nearly one per cent, fuelled by posit…