Market continues to languish

THE main difficulty dealers have faced in the past year is finding suitable adjectives to describe the local market - printable ones, that is.

Such was the case again on Monday, when the Straits Times Index drifted lower with little liquidity support. It eventually closed a nett 3.53 points weaker at 3,459.57 on volume of 1.7 billion units worth S$961.4 million.

A 0.8 per cent slide in Hong Kong probably contributed to the weakness, although the market there has e…