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STI slips as Turkish crisis persists

Straits Times Index loses 8.75 points or 0.27 per cent to end at 3,234.12

Published Wed, Aug 15, 2018 · 09:50 PM

THE Singapore market continued to slip downwards on Wednesday as the Turkish crisis showed no signs of abating.

The key Straits Times Index lost 8.75 points or 0.27 per cent from 3,242.87 the day before to end at 3,234.12.

About 1.4 billion shares worth S$1.14 billion changed hands in the trading session, versus the 1.8 billion shares traded for S$1.06 billion on Tuesday. Losers outnumbered gainers 237 to 184.

Leading the actives was Thai Beverage, which plunged to a 2.5-year intraday low of 66 Singapore cents after reporting a 61 per cent drop in Q3 profit on Tuesday night. It recovered to end at S$0.68 on Wednesda…

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