Caution remains in Singapore stock market as investors unsure what sovereign debt woes in Europe will ultimately lead to.
Uncertainty over the US employment situation is also keeping investors at bay, ahead of tonight’s January non-farm payrolls report.
As of the midday break, the STI is down 2% at 2,691.33, with all FTSE ST sub-indexes in red. Market breadth at 13 decliners for every gainer. Overall volume moderate at 1.11 billion shares but likely to exceed whole of yesterday’s 1.26 billion by end of day.
