STI weakens in line with HK, Dow futures
Index loses 9.22 points with traders noting strong support for Jardine Cycle & Carriage, which ended S$1.03 higher
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AFTER having bounced 193 points, or 7.1 per cent, in the 15 trading sessions since the June 23 Brexit referendum, the Straits Times Index on Tuesday ended with a 9.22-point loss at 2,919.54, dragged lower in line with losses in Hong Kong and the Dow futures.
In the case of Hong Kong, the weakness was reportedly because of concerns over China's growth.
Turnover was a a moderate 1.3 billion units worth S$935 million and excluding warrants there were 158 rises versus 232 falls throughout the whole market.
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