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Singapore stocks mark worst session in 3 weeks
STI drops 0.94% to close at 3,125.82, as increased political turmoil in the US and trade tensions rattled investors
Add BT as a preferred sourcePublished Wed, Sep 25, 2019 · 09:50 PM
SINGAPORE stocks marked their worst session in three weeks on Wednesday, as increased political turmoil in the US and trade tensions rattled investors.
The Straits Times Index (STI) ended in the red on Wednesday, slumping 0.6 per cent at the open before slipping further during the day to close at 3,125.82, down 0.94 per cent or 29.64 points.
"The benchmark STI has been drifting in ebbs and flows off foreign news this week, with overall sentiment leaning towards cautious mode," said Margaret Yang, an analyst at CMC Markets in Singapore.
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