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STI sheds just 4 points after late rebound

Index hits an intraday low of 2,740 but wipes off most of the loss in line with surge in Dow futures

Published Tue, Sep 29, 2015 · 09:50 PM

ANOTHER day, another new low, though in the end it could have been a lot worse.

The Straits Times Index on Tuesday fell for a fifth consecutive session to reach a fresh 38-month low of 2,787.94, its 3.98-point loss coming in the wake of a large - but not wholly unexpected - blowout on Wall Street that triggered selling pressure throughout the region.

However, a rebound in the Dow futures late in…

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