STI down as Brexit worries hit Asia

FOOTBALL supporters on Monday were shocked by a "Braxit" when Brazil unexpectedly exited the Copa America tournament being held in the US after a defeat to Peru, while in Asia stock market players were shocked by worries of a "Brexit" that sent equity prices reeling throughout the day.

With the Hang Seng Index dropping 2.5 per cent and the Nikkei plunging 3.5 per cent, the Straits Times Index stood little chance, losing 37.54 points or 1.3 per cent a…