STI weakens for fourth straight day

THE Straits Times Index's (STI) losing streak extended into a fourth consecutive session on Thursday, this time with a 4.99-point loss at 3,373.60. Since closing at 3,417 last Friday, the STI has now lost a total of 44 points or 1.3 per cent over the four days, briefly entering negative territory for the year on Thursday when it touched a low of 3,357.

For 2015 it is now up just eight points; however, given that it bounced 16 points of its in…