SUBSCRIBERS

US debt ceiling doubts cap prices here

STI trades for most of the session within a narrow band before ending at 3,228.06, down 4.41 points; Rowsley is most active

Published Thu, Sep 7, 2017 · 09:50 PM

THE local stock market underwent a quiet trading session on Thursday, with support coming from a firm overnight Wall Street but with a drag coming from a 40-point slide in the Dow futures that indicated a possibly weak opening for the US market on Thursday.

The net result was that the Straits Times Index traded for most of the session within a narrow band before ending at 3,228.06 for a loss of 4.41 points on the day.

Turnover was two billion units worth S$1.14 billion - almost exactly the dollar value done on Wednesday - and rounding off a mixed, featureless session was an advance-decline score of 194-192, excluding warrants.

Copyright SPH Media. All rights reserved.