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Weak oil prices add to Brexit woes, but STI unchanged for week

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According to conventional wisdom, it wasn't "Brexit" fallout that dragged the Straits Times Index (STI) 15.13 points down on Friday to 2,847.04 but a 5 per cent plunge in oil prices.

ACCORDING to conventional wisdom, it wasn't "Brexit" fallout that dragged the Straits Times Index (STI) 15.13 points down on Friday to 2,847.04 but a 5 per cent plunge in oil prices.

Macquarie Warrants (MW), in its daily newsletter, said the drop in oil prices was due to growing concerns

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