Ho hum day….

September 2, 2008 | By Raymond Tan In Millionaire Thoughts |

Singapore market fell with the lowest turnover in 33 months. Market opened down in response to a weaker-than-expected US Personal Income number, which caused the Dow to plunge 172 points on Friday. With US market closed for a Labour Day holiday, investors preferred to stay away from the market for the time being, although some bargain hunting activities were witnessed in the later part of the afternoon trade. FTSE-STE dropped 26.19 or 1.0% to close at 2,713.79 points. Turnover was extremely low with 0.64 billion shares worth S$0.74 billion transacted, the lowest daily trading volume since the start of 2006. Losers led gainers 307 to 167

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