Banks, Jardine, ComfortDG push STI down

United Engineers contributes S$370 million to turnover, about 28 per cent of the whole market's business

AFTER having risen 27 points on Tuesday and Wednesday, the Straits Times Index (STI) on Thursday plunged 25.4 points to 3,419.17, dragged lower by selling of ComfortDelGro, Jardine stocks and the three banks. The broad market followed with 152 rises versus 301 falls, excluding warrants.

Turnover improved from Wednesday's weak S$974 million to just over one billion units worth S$1.3 billion. Trading in six counters - the three banks, Singtel and ComfortDelGro - and surprise entrant into the top volume...

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