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STI falls for 3rd day but clings to 3,000

Index dragged down by banks; Singtel and Hongkong Land among other large index losers

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SELLING of the three banks on Wednesday helped drag the Straits Times Index to its third consecutive loss, down 12.55 points to 3,000.22.

Turnover amounted to 1.6 billion units worth S$1.1 billion, the dollar value elevated by volume done in the banks which was S$224.6 million, or 20.3

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