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Pennies in action as STI falls below 3,050

Blue chips come under pressure; traders say the Trump reflation play appears to have run its course


PENNY stocks took centrestage as a 60-point slide in the Dow futures on Thursday took the wind out of the sails of the local stock market, knocking back the Straits Times Index (STI) by 23.41 points at 3,044.08.

Traders said it looked like the Trump reflation play may have run its course...

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