STI closes flat in thin trade

THE Straits Times Index on Tuesday traded within a narrow band before ending a nett 0.35 of a point lower at 3,012.77

Turnover remained depressed at 1.9 billion units worth S$773 million, the second consecutive day dollar value was under the industry's estimated breakeven of S$1 billion. Excluding warrants there were 215 rises versus 212 falls throughout the whole market.

Uppermost among concerns plaguing markets are the upcoming US presidential inauguration on Friday and the increasi…