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Singapore market slides, in line with region

Jakarta index is Asia-Pacific's worst-performing, while Indonesia-related stocks in Singapore also suffer

Published Tue, May 15, 2018 · 09:50 PM

SINGAPORE stocks continued to slide on Tuesday, with losses led by banks, telco Singtel and a handful of property plays.

The Straits Times Index (STI) shed 22.23 points or 0.62 per cent for the second straight session to finish at 3,540.23, with 1.4 billion shares worth S$1.3 billion changing hands.

Its performance was in line with the region. Across markets, the Jakarta Composite Index had the worst showing in Asia-Pacific, sinking 1.8 per cent on Tuesday and taking…

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