STI closes at its lowest level in over a decade

Index dives 138.23 points or 5.3 per cent to 2,495.77 after US Fed's second rate cut and disappointing February economic data releases from China

Tue, Mar 17, 2020 - 5:50 AM

Navin Sregantannavinsre@sph.com.sg@NavinSreBT

SINGAPORE'S Straits Times Index (STI) closed at its lowest level in over a decade on Monday, after the US Federal Reserve's second off-cycle emergency rate cut in March and disappointing February economic data releases from China.

The STI counters were mostly in the red at the opening...

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