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China's 7% crash sparks selling in S'pore

ST Index opens 2016 with loss of 46.8 points or 1.6%, in line with regional markets' performance

AFTER the Straits Times Index (STI) dropped 14.3 per cent in 2015 amid ever-weakening liquidity, there were hopes - albeit faint - that 2016 might see the market enjoy an upturn in fortunes, even if almost all brokers and investment banks had issued negative outlooks for stocks.

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