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Singapore stocks finish weaker as doubts emerge on Wall St over Trump's plans
SUDDEN doubts over the Trump administration's ability to deliver on its campaign promises was said to have prompted Wall Street's Tuesday sell-off, its largest one-day fall of 2017. This meant selling pressure for the local market on Wednesday, which dragged the Straits Times Index down 40.38 points or 1.3 per cent to 3,118.19 - like the US, the biggest loss this year.
Wednesday's volume amounted to 2.5 billion units worth S$1.3 billion, which was moderate by 2017 standards. Excluding warrants, there were 138 rises versus 364 falls.