Daily Markets Briefing: STI down 2.5%
Biggest one day fall in over a year.
CMC Markets Mornings Comments said:
Over in local markets, the STI registered its biggest one day fall in more than a year of 2.51% while the Nikkei’s lost 1.7%, with a weaker yen stemming further losses.
Meanwhile, SGX noted:
The FTSE Straits Times Index (STI) ended -80.53 points lower or -2.51% lower to 3,133.26, taking the year-to-date performance to -1.07%. The FTSE ST Mid Cap Index declined -2.81% while the FTSE ST Small Cap Index declined -2.13%.
The top active stocks were Singtel (-3.52%), DBS (-3.17%), Capitaland (-4.00%), UOB (-2.76%), and OCBC Bk (-2.81%).