STI ends flat after hitting 2016 high

THE Straits Times Index on Thursday first powered up to an intraday and 2016 high of 2,980 before wilting in the afternoon session to end at 2,958.86, a net loss of just 0.98 of a point. The broad market, however, was marginally firm, recording 240 rises versus 216 falls.

Turnover amounted to 1.8 billion units worth S$1.4 billion, in line with post-US election daily averages.

The early push came from yet another all-time high on Wall Street on Wednesday and a relatively firm session for the …