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Singapore Shares Drop 0.6% as China Steps Up Covid-19 Curbs

Dow Jones2022-09-02

Singapore's FTSE Straits Times Index closed 0.6% lower at 3205.69.

Tighter pandemic restrictions across China are likely posing another risk and weighing on Asian markets, IG analyst Jun Rong Yeap says in a note.

Declines were led by a mixed bag of companies. Nio slid 3.3%, Yangzijiang Shipbuilding dropped 3.2%, Thai Beverage fell 1.6%, Frasers Logistics & Commercial Trust was 1.5% lower, Singtel and OCBC lost 1.1%.

Gainers included City Developments Ltd., which added 1.1%.

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Comment10

  • KH321
    ·2022-09-03
    OK 
    Reply
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  • Maxangelos
    ·2022-09-02
    Oh no
    Reply
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  • Lewis Foong
    ·2022-09-02
    Apa ini
    Reply
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  • Lewis Foong
    ·2022-09-02
    What u think?
    Reply
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    Fold Replies
    • Targarean
      China has lost the plot 😀
      2022-09-03
      Reply
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    • KH321
      OK
      2022-09-03
      Reply
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  • KPL
    ·2022-09-02
    Bad
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    • KPL
      very
      2022-09-02
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  • babiboo
    ·2022-09-02
    Heyy
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  • babiboo
    ·2022-09-02
    Hmmm
    Reply
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  • babiboo
    ·2022-09-02
    Hmmm
    Reply
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  • Jae18
    ·2022-09-02
    5
    Reply
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  • blessed_1
    ·2022-09-02
    [Glance] 
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