STI drops 35 points in wake of US sell-off

ON the plus side, volume at Singapore Exchange on Wednesday amounted to 1.64 billion units worth S$1.3 billion, much better than the dismal S$597 million done at the start of the week. On the minus side, however, the volume spike signified increased selling, which ended with the Straits Times Index (STI) losing 35.04 points or just over one per cent at 3,424.94.

On the plus side, the STI was still in po…