STI avoids sixth straight loss - just

THE Straits Times Index on Wednesday underwent a volatile session spent tracking movements in Hong Kong and China as well as the futures market for US benchmarks.

It first fell 15 points to an intraday low of 2,772 before rebounding into positive territory in the wake of gains in the Hang Seng and Shanghai Composite and a 140-point or 0.9 per cent rise in the Dow futures that brought hope that Wall Street would rally on Wednesday.

Most of these gains were erased at the close, though the index managed to avoid a sixth straight…