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Sell-off continues as STI tests 3,000-mark

STI sheds 31.47 points to close at 3,009.78, with losers outnumbering gainers 418 to 83

EXIT, pursued by a bear. Or a whole herd of bears, in the case of Thursday which saw even more investors rushing for the door as the local bourse retreated for a fourth consecutive session and the benchmark index toyed with the psychologically crucial 3,000-point level.

The risk aversion...