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Expect a volatile week ahead as investors' fear and greed wrestle for control
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Singapore’s Straits Times Index lost 66.07 points or 2 per cent for the week to end Friday (Nov 26)’s session at a seven-week low of 3,166.27 points.
PHOTO: ST FILE
SINGAPORE - Investor fears have intensified following the emergence of a virulent new coronavirus strain from South Africa.
Market sentiment was severely jolted as the first cases of this "variant of concern" - now named Omicron - emerged in Belgium, Israel and Hong Kong. Britain has now reported its first cases.
