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Singapore stocks tumble following Wall Street's rout; STI down 1.22%

Singapore Exchange is only counter on blue-chip index ending in the black.

Published Thu, Sep 24, 2020 · 09:50 PM

SINGAPORE shares sank on Thursday, tracking the Wall Street rout overnight amid fears of a second wave of the coronavirus, stalled US stimulus talks and an increasingly contentious US presidential election campaign.

Stephen Innes, chief global markets strategist at AxiCorp, said: "Fading prospects for US fiscal stimulus and the stepping up of mobility restrictions on…

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