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Noble, O&M selloff sees STI lose ground

Noble Group contributes to index fall as the stock dives 6.8% in heavy selling

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Volume, however, picked up and amounted to 1.4 billion units worth S$1.2 billion largely because of heavy selling of Noble Group and pressure on offshore and marine (O&M) stocks.

AFTER the excitement and volatility of last week, Tuesday's session in the local stock market had a more familiar look to it - the Straits Times Index traded within a narrow band before ending a net 3.82 points weaker at 3,341.07.

Volume, however, picked up and amounted to 1.4 billion

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