An agonisingly boring session on Tuesday finished with the Straits Times Index just about managing to stay in the black - up 3.13 points at 3,413.26 with tepid volume of 1 billion units worth S$1 billion and with the entire market recording 239 rises versus 173 falls.
Brokers said an uncertain Wall Street probably contributed to the ho-hum session, as did an indifferent Hong Kong. In Monday's session in the US, major indices traded higher throughout the session but ended weaker on the day - exactly the same pattern exhibited in Hong Kong on Tuesday. The STI's positive closing however, suggested the US market would probably close higher on Tuesday.
Brokers said an uncertain Wall Street probably contributed to the ho-hum session, as did an indifferent Hong Kong. In Monday's session in the US, major indices traded higher throughout the session but ended weaker on the day - exactly the same pattern exhibited in Hong Kong on Tuesday. The STI's positive closing however, suggested the US market would probably close higher on Tuesday.
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