STI's losing streak extends into 9th day
Index drops 5.26 points despite firm Europe opening, bringing total loss since April 21 to 193 points
FOR the ninth straight session the Straits Times Index (STI) on Thursday opened in the red, at its intraday low losing 24 points at 2,749. A firm opening for Europe and a 90-point rise in the Dow futures prompted a scramble that elevated the index to almost its opening level but it was unable to cross into the black, resulting in a net loss of 5.26 points at 2,767.81.
It was the ninth straight loss for the index, …
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