SINGAPORE (June 15): The Straits Times Index (STI) plunged 6.4% week-on-week to 2618.67 on Monday evening, from 2796.97.

The loss erased last week’s gains on the selloff on Wall Street last Friday (June 12) following a second wave of infections in the US.

See: US stocks tumble most in 12 weeks, S&P 500 posts worst loss since March, and Pullback in US stocks could be opportunity to add 'structural long-term winners', say Bank of Singapore analysts

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