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STI slides as US warns of sustained virus spread

Markets remain jittery, as evidenced by the resumption of selling in Wednesday's session in Singapore

Published Wed, Feb 26, 2020 · 09:50 PM
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COVID-19 continues to dominate news flows globally and with the situation still fluid, markets remain jittery, as evidenced by the resumption of sell-offs during Wednesday's session in Singapore.

Tuesday's rebound was short-lived as traders were jolted by US health officials expecting a sustained spread of the novel coronavirus to take root there.

The Straits Times Index (STI), down 0.9 per cent…

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