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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


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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