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Singapore’s bank, manufacturing stocks should see limited hit from Trump policies, say analysts

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The Straits Times Index dropped 0.3 per cent on Jan 21 but had edged up 0.14 per cent as at 9.57am on Jan 22.

The Straits Times Index dropped 0.3 per cent on Jan 21 but edged up 0.14 per cent as at 9.57am on Jan 22.

ST PHOTO: SHINTARO TAY

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SINGAPORE – Singapore’s banking and manufacturing stocks are likely to face limited impact from US President Donald Trump’s policies, analysts said, after the local share market dipped on the first day of trading following his inauguration.

The Straits Times Index dropped 0.3 per cent on Jan 21 and 0.4 per cent on Jan 22.

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