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Broad-based selling drags STI below 3,300

Banks, Jardine stocks and SingTel suffer losses as index sheds 0.8 per cent; offshore oil sector sees renewed pressure


THE Straits Times Index (STI) sank 26.55 points or 0.8 per cent to 3,297.84 in tepid trading on Monday in which an uninspiring 1.3 billion units worth S$1.02 billion was done. The selling within the index was fairly broad- based and included banks, Jardine stocks and SingTel. Excluding warrants...