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Darkest before the dawn

Half the 800 stocks on the market are currently inactive. Daily securities traded values, too, have halved to under S$1 billion since a few years ago.

IN the six years since the global financial crisis, the Singapore market has taken on some characteristics of the typical Singaporean: not too excitable, mostly honest, gets the job done.

Yet after the penny stock crash of October 2013, less-flattering words have been used to describe the

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