STI slides on jitters over Middle-East conflict

THE local bourse wobbled downhill on Wednesday, spooked by geopolitical concerns after Turkey downed a Russian fighter jet near the Syrian border, with the key index erasing all of the previous day's gains and some.

The benchmark Straits Times Index slipped 32 points or 1.09 per cent to finish the day at 2,891.58.

Investors across the regional markets also chose to stay on the sidelines ahead of the release of some data out of the US, a day before Thanksgiving holiday on Thursday.

Japan's Nikkei and Hong Kong's Hang Seng retreated 0.4 per cent while China's Shanghai Composite bucked the trend with gains…