SUBSCRIBERS

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

Angela Tan

Published Wed, Feb 7, 2018 · 09:50 PM

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 share…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes