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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (60887)	2/22/2002 1:52:01 AM
From: StanX Long	Respond to of 70976

Singapore share index sinks to four-week low midday Friday February 22, 1:50 PM sg.news.yahoo.com SINGAPORE (Reuters) - Singapore's bellwether stock index skidded over two percent on Friday to a four-week low as investors dashed for the exits after Wall Street's sharp losses on fears of shrinking U.S. corporate profits. By midday, the Straits Times Index, which managed to reverse a four-day losing streak on Thursday, had fallen 39.62 points below the psychologically key 1,700 mark to 1,692.21. The index came off an early low of 1,691.47. It is still up more than four percent since the start of the year. In the broader market, losers led gainers 216 to 20. Volume was a moderate 225 million shares. U.S. stocks tumbled on Thursday, pushing the tech-laden Nasdaq down to its worst close since late October on worries about shrinking earnings at technology icons like chip maker Intel Corp .