Weak Europe opening drags STI down
Index closes nine points lower despite early support from Hong Kong market; trading volume weak at S$1.1 billion
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE Straits Times Index on Tuesday drifted to a 9.25-point loss at 3,243.99. It was initially supported by a positive session for Hong Kong, but came under pressure between 4 and 5pm when Europe opened in the red across all markets. This was possibly due to news that the International Monetary Fund will cut
estimates for German economic growth in 2014 and 2015 to about 1.5 per cent for each year because of the crises in Ukraine and the Middle East.
Trading volume was a weak 1.4 billion units worth S$1.1 billion. Excluding warrants, there were 156 rises versus 251 falls.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
