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US rate hike, slowing growth hobbling STI
Published Fri, Nov 13, 2015 · 09:50 PM
THE Straits Times Index (STI) fell continuously this week as worries mounted over the impact a December US interest rate hike would have on a slowing global economy.
In the session on Friday - incidentally, the 13th of the month - the STI shed 33.33 points or 1.1 per cent at 2,925.68; this brought the week's loss to 85 points or 2.8 per cent.
All throughout, liquidity was weak and largely focused on the 30 STI components.…
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