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STI dips further on virus resurgence fears, Wall Street tumble

CapitaLand real estate investment trusts are among the biggest constituent decliners for the day.

Uma Devi
Published Tue, Sep 22, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

SINGAPORE shares extended their slide on Tuesday, as fears of a resurgence of the coronavirus, as well as of a Wall Street retreat, continued to dampen investor sentiment.

In the United Kingdom, Prime Minister Boris Johnson was scheduled to tell people to resume working from home and to impose new restrictions on pubs, bars and restaurants on Tuesday, in a bid to tackle the country's second wave of Covid-19 infections.

Hong Kong, too, extended its virusrelated social-distancing measures for another week on the back of fears of a "silent transmission chain" in the community.

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