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Investors taking up defensive positions

STI continues to recede, finishing at 3,301.25 on Wednesday, 3.02 points or 0.1 per cent lower

THE local equities market closed lower on Wednesday after a Wall Street sell-off as investor optimism cooled.

Singapore's Straits Times Index (STI) continued to recede, finishing Wednesday's session at 3,301.25, 3.02 points or 0.1 per cent lower.

Regional markets sang the same tune...

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