Shares Fall in Volatile Session
March 28, 2011
Wall Street's overnight slide sparked off falls across Asian markets Tuesday as fund managers cut their exposure in anticipation of more volatility on Wall Street. The 30-share Straits Times Industrials Index had a volatile session. It hit a new year low of 2161.62 early in the day before rebounding to 2186.11 at midday. It closed at 2179.45, down 1.35 points. The DBS 50 Index of stocks from different sectors was down 1.40 to 562.40. The UOB-OTC index, which tracks Malaysian over-the-counter shares, closed at 1183.24, up 4.06 points. Volume was estimated at 79 million shares.
