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Malaysia Lowers Growth Forecast on Worsening Virus Outbreak

Malaysia Lowers Growth Forecast on Worsening Virus Outbreak
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Singapore shares inch up, bucking regional trend

The Straits Times Claudia Tan https://str.sg/3oYB They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! • Keppel Corp, CapitaLand among the top performers

S pore shares do well amid bargain-hunting session

Singapore shares advanced yesterday in a bargain-hunting session as investors dismissed rising infections in the region and a retreat on Wall Street. The Singapore Straits Times Index rose 2.04 per cent to 3,142.63. Across the broader market, gainers outnumbered losers 384 to 120 as 2.21 billion securities worth $1.63 billion changed hands. Singapore s latest social restrictions to battle a new wave of Covid-19 infections is unlikely to derail growth, in our view. The gross domestic product contribution of the most affected domestic sectors is limited and these are better prepared to respond to lockdowns than a year ago, Maybank Kim Eng analysts noted in a report.

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