Singapore overtakes Thailand to become Asia’s worst stock market


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SINGAPORE, Oct 31, (Bloomberg): Singapore stocks took a beating this week amid the twin uncertainties of the US election and the worsening pandemic in the West, overtaking Thailand to become Asia’s worst equity market this year.

The Straits Times Index fell about 1% on Friday, taking the 2020 decline so far to 25%, compared with a fractionally smaller loss for Thailand’s SET index.

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Singapore , Stocks , Bad Week , Worst Performer , Asia

   

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