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STOCKS

Rough ride ahead as STI loses grip on 3,000 level

Index falls below psychological support to its lowest since November 2012

IT WAS Miss Scarlet in the dealing room with a lead pipe - or what amounted to one. Local shares were beaten down on Friday in a bloody finale to the market's worst week this year, as the benchmark Straits Times Index (STI) took a painful tumble below the 3,000-point mark and stayed there

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