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STI flat on weak China data, Wall Street fall

Index dips in fourth straight day of losses; eyes on coming US data for indication on possible September rate rise

Anita Gabriel
Published Tue, Aug 4, 2015 · 09:50 PM

WEAK manufacturing data from China and an overnight fall in Wall Street gave the local bourse no reason to sing and dance, with shares in the local bourse ending the day on a cold, flat note.

The benchmark Straits Times Index fell 1.75 points or 0.05 per cent to 3,191.04, extending Monday's losses and capping its fourth straight day in the red.

Elsewhere in the region, the showing was choppy. Japan's Nikkei 225 and Hong Kong's Hang Seng closed little changed.

In contrast, China's Shanghai Composite jumped 3.7 per cent, buoyed by additional measures, this time to curb shortselling to support its share markets which have slip…

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