STI closes flat, down 0.1% to cap a broody week

SINGAPORE shares capped a rather broody week on a flat note, with the key Straits Times Index (STI) down two points or 0.08 per cent at 2,490.09 on Friday after a renewed rout in US mega-gap tech shares.

The market's key barometer lost 0.8 per cent over the week on worries that the US tech bears, still at lofty valuations, could portend something deeper. Concerns were rife on whether,…

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL