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Stocks down as market awaits rate clues

ST Index sheds 8.2 points, but the broad market's performance is much weaker with losers outnumbering gainers 2:1

THERE were no surprises as far as Wednesday trading in the local stock market was concerned as the Straits Times Index drifted to a net loss of 8.2 points at 3,361.75.

The broad market was much weaker than suggested by the index's modest fall, recording only 156 rises versus 300 falls.

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