Singapore's stock index fell more than 1 percent on Thursday, while Indonesia snapped a five-day winning streak to hit a one-week low. Investors worried that China would take more measures to cool its economy after reporting its fastest quarterly growth in two years. Singapore's Straits Times Index ended down 1.5 percent at its lowest since December 28, with CapitaLand losing 4.3 percent to its lowest since December 31.
South East Asia Stocks: weaker trend as investors fret over China
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Friday, January 22, 2010
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