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'Tug of war between fear and hope' in stock markets as investors wait out Omicron impact

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Hong Kong's Hang Seng Index fell in line with markets across Asia on Nov 29, 2021.

PHOTO: EPA-EFE

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SINGAPORE - Markets across Asia, including Singapore, closed lower on Monday (Nov 29) amid a somewhat subdued mood as investors decided to take a wait-and-see approach in the face of emerging information on the Omicron virus strain.
While sentiment remained nervous and Asian markets continued to weaken, there was no noticeable panic selling.
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