North Korean tensions weigh on STI

TRADING on Tuesday remained as quiet as it was on Monday, with prices drifting with a downward bias in low volume.

The war of words between the US and North Korea was cited as one reason for the insipid session during which traders kept their eyes on the Dow futures and Hong Kong for direction.

While both also drifted with no real purpose, support here came from news that Singapore's industrial production rose by a stunning 19.1 per cent in August versus last year and the nett result was that the Straits Times Index finished 3.87 points weaker at 3,212.04.