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O&M concerns return with a vengeance

Banks among top index losers as selling in market resumes after Monday's short-covering bounce

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MONDAY'S short-covering bounce having been completed paved the way for the selling to resume on Tuesday, with the Straits Times Index (STI) plunging 35.85 points or 1.2 per cent to 2,856.67 as concerns over the health of the offshore and marine (O&M) sector took grip.

Banks were among...

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