Market Update: STI down 1.65%
Only Jardine Matheson, Yangzijiang Shipbuilding, and Dairy Farm stayed on the green.
The Straits Times Index closed 52.78 points down, or -1.65%, to 3,137.81 on Wednesday, 7 July.
Only three firms posted gains this trading day: Jardine Matheson (1.94%), Yangzijiang Shipbuilding (0.70%), and Dairy Farm (0.24%).
Singapore Airlines and Keppel Corp were amongst the bottom performers, contracting by 2.70% and 2.77%, respectively.