Wow. What's wrong with STI ? D

Wow. What's wrong with STI ? Dropped quite a lot this morning. Thought HK and China are green. Oh no. Is it FED interest rate issue again ?

Anyone knows what's going on ?

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Comments

KienBoon
01-10
KienBoon
Ya. Strange reaction from the market indeed. Nevertheless, interest rate cut issue is like old news already. Maybe they can't find any practical reasons today for STI drastic drop. Sad indeed. [LOL]
Fenri5
01-10
Fenri5
news says sti down due to expectations for fed to tighten rate cuts. but i thought that's good news for banks. banks getting hammered more than the reits!

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