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Greece fears hit Singapore stocks

ST Index suffers sharp afternoon fall, in tandem with stocks selldown in Europe, and closes 28.5 points lower

Published Tue, May 12, 2015 · 09:50 PM

FEARS over what the next act of the unfolding Greek drama could bring pulled local shares down on Tuesday mid-afternoon as European markets awoke to the prospect of Athens running out of money. A Wall Street slump and global bond rout probably didn't help sentiment much either.

Though the Singapore market managed to open unchanged on Tuesday morning, it lost steam throughout the day to end 0.8 per c…

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