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Reits, banks hit in weak session

Sell-off in Reits sees 18 of top 20 actives close lower, resulting in 0.83% drop in FTSE FT Reit index

THERE were no real surprises on Wednesday as the Straits Times Index (STI) dropped 18.79 points to 3,232.47 in response to Wall Street's large overnight fall that came about because of concerns over the North Korea situation and the US government's debt ceiling.

What was surprising...