External woes continue to weigh on STI

A SOFT session that ended with the Straits Times Index (STI) 13.34 points weaker at 3,320.33, a low volume of 1.4 billion units worth S$1.01 billion and not much action in blue chips or penny stocks - some brokers rated Monday's trading on the local stock market about as exciting as watching grass grow.

Various reasons were given for the funk the local market has found itself in for many months now - Greece's never-ending debt problems, uncertainty over when the US will raise interest …