Straits Times slips 0.7% to as low as 2726.92

Singapore’s Straits Times Index slipped 0.7% to 2726.92 at 9:47 am local time. A total of four shares for every one to weaken the strength of the index’s 30 members. A number of stocks in the index traded at 14.6 times estimated earnings, compared with about 10 times in early 2009, said data collected by [...]