Shares ease on Malaysian poll results
The benchmark STI drops 0.31% as traders dither after incumbent BN government fails to return to power
THE unexpected election results across the Causeway left traders here dithering on Thursday, even as analysts warned of looming ringgit volatility.
Singapore's benchmark Straits Times Index (STI) wobbled around an intra-day average of 3,544.55. A late afternoon selloff eventually pushed it down on the previous day by 10.95 points, or 0.31 per cent, to 3,537.59.
The bourse's trade of 1.57 billion shares - worth S$1.16 billion in all - saw losers beat gainers 193 to 189.
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