China weakness continues to weigh on STI

Brokers not unduly surprised as "purely speculative" penny-stock rally comes to a halt

Tue, Aug 04, 2015 - 5:50 AM

R Sivanithysivan@sph.com.sg@RSivanithyBT

CONTINUED weakness in China and Hong Kong stocks meant the Straits Times Index (STI) kicked off the week with a 9.71 points or 0.30 per cent loss to 3,192.79 on Monday. This weakness was also evident in penny stocks where the rally of the past three weeks exhibited clear signs of serious strain...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.