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Singapore stocks: Once bitten, twice shy

Why retail investors are shifting away from the local bourse, and how SGX plans to stay ahead

Uma Devi
Published Fri, Aug 20, 2021 · 05:52 PM

AS a seasoned stock market investor since the 1990s, Ken is no stranger to market fluctuations and paper losses. As of today, the 56-year-old has lost some S$300,000 in the Singapore stock market, while his investments in the United States and Hong Kong have given him sizeable profits. "Retail investors don't have much confidence here, they're getting toasted," he tells The Business Times. "I've lost so much money that I'm scared."

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