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Singapore stocks finish weaker as doubts emerge on Wall St over Trump's plans

Wednesday, March 22, 2017 - 17:34

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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.

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