Covid-19 hits the ST Index

FOR the past few weeks, global markets have been roiled by fears of the economic impact brought about by Covid-19. Taking a first glimpse of its impact, we have seen China's retail sales plunging 20.5 per cent year on year during January and February. Industrial output and fixed asset investments also fared badly, declining 13.5 per cent and 24.5 per cent respectively when compared to the pre…

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