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STOCKS

Plunge in HK, weak Dow send STI down

Penny stocks continue languishing, led by recent hot stock ISR Capital, which dives 20.7%

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TUESDAY'S short-covering bounce proved short-lived as the downtrend resumed on Wednesday, with the Straits Times Index (STI) dropping four points to 2,777.11.

Penny stocks, which exploded into life last week and on Monday, continued to flounder, led by recent outperformer ISR Capital,