Daily Markets Briefing: STI down 0.27%

Submitted By:  Luz Wendy Noble Case Study:  No Don't expect gains today. The Straits Times Index (STI) ended 8.75 points or 0.27% lower at 3,234.12, taking the year-to-date performance to -8.75%. The FTSE ST Mid Cap Index rose 0.48%, whilst the FTSE ST Small Cap Index slipped 0.82%. According to OCBC Investment Research, US stocks came off intraday lows but still closed down, as worries surrounding Turkey’s currency crisis and continued trade tensions weighed on investors’ confidence. read more