You are here


Wall St blowout, oil's slide hit ST Index

Banks the worst hit, with pressure also on offshore and marine stocks, as index drops 1.4% to 2,593

THERE were no surprises in Monday's trading as the Straits Times Index dropped 37.76 points, or 1.4 per cent, to 2,593 following Friday's Wall Street blowout and a slide in oil to US$28 per barrel. Banks were the worst hit this time, though there was also pressure on offshore and marine (O&M...