Monday, April 9, 2012

STI falls 0.9% to 2,960.8 at midday

Singapore shares fell to the lowest in about a month, largely in line with regional bourses, after data showing a slowdown in U.S. jobs growth raised concerns about the strength
of the world's largest economy.

The Straits Times Index shed 0.9% to 2,960.8 points, after hitting an intra-day low of 2,958.4, the weakest since March 8. The STI dropped below its 50-day moving average of about 2,977.

No comments:

Post a Comment