Straits Times Index continued another round of bloodshed drop as the market not only reacted to the concerns of the US-China tariffs situation, also the announcement of property stamp duty measures introduced by the Singapore government. During the week, it started off with a strong attempt to rebound above 3270 level. However, sellers still overwhelmed the market which forced STI to be below 3270 level. On Wednesday, STI started to attempt to rebound towards 3270 level which lasted till Thursday. This rebound hits another roadblock. On Thursday evening, Singapore Government announced an increase of stamp duty on private property purchases. This triggered a knee jerking reaction in the market on Friday morning. Property related counters took a hit. Hence, this caused STI to drop 64.89pts within a day. With majority of the movements happening on Friday, STI closed at 3191….