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Virus spread continues to weigh on sentiment

STI ends the session at 3,163.15, down 18.33 points; Shanghai Composite Index bucks the trend as authorities lift some work, travel restrictions

Published Mon, Feb 10, 2020 · 09:50 PM

Singapore Stocks

ASIAN equity markets continued their slide to start the week, with investors keeping a close eye on developments of the fast-spreading novel coronavirus. New cases within China have slowed in the past week but Stephen Innes, AxiCorp's chief market strategist, noted that markets remain "extremely concerned" about an escalation outside of China, holding back risk-friendly activity.

Singapore's Straits Times Index opened the week 1.3 per cent lower…

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