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Risk-off stance persists as sell-off continues
Asian markets take cues from Monday's heavy declines on Wall Street as China ramps up tariffs on US goods
Add BT as a preferred sourcePublished Tue, May 14, 2019 · 09:50 PM
RISK-off stance remains prevalent, as sell-offs continued on Tuesday in local and regional bourses, although there was a paring of early losses as the session went on.
Singapore's Straits Times Index (STI) opened 1 per cent lower but clawed back to finish at 3,223.71, down 10.57 points or 0.3 per cent.
The benchmark index has fallen by 168.58 points or 5 per cent since May 3, the session before US President Donald Trump's tweet about raising tariffs.
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