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Hot stocks: Property plays in the red on new housing cooling measures

Shares of Straits Times Index (STI) property developers City Developments Limited (CDL) and UOL dropped as much as 3.6 per cent and 3 per cent respectively when the market opened. CDL lost S$0.26 to hit a low S$6.81 as at 9 am, while UOL slid S$0.21 to a low of S$6.89.

bt.sg/obUW

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