Calls to buy the dip cushion STI drop
STI ends the day down 22.61 points to 3,383.77, but is still 10% or so higher than a year ago
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SOME semblance of normalcy returned to the stock markets in Singapore and the region on Wednesday, as rattled investors recovered from that sinking feeling when the roller-coaster made its first sharp descend.
The benchmark Straits Times Index (STI) opened at 3,445.83, before settling at 3,383.77, down 22.61 points, or 0.66 per cent from Tuesday's close. At this level, the STI is still some 10 per cent up from a year ago.
More than 2.6 billion shares, worth S$2.2 billion, changed hands. There were 258 gainers to 256 losers.
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