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HK reversal hits STI in shortened session

Trading delay of 3½ hours sends turnover value down to S$875.4m, below the S$1b average of past couple of weeks

THE suspension of trading until 12.30 pm on Wednesday because of a software glitch only delayed the inevitable onset of weakness, the Straits Times Index first bouncing up 13 points to an intraday high of 3,335 but eventually slumping to a net loss of 18.93 points or 0.6 per cent at 3,303.39.

Turnover was 1.2 billion units worth S$875.4 million, lower than the S$1 billion average of the past couple of weeks because of the loss of the first 3½ hours' worth of trading. Excluding warrants, there were...

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