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Banking stocks declined in early morning trade

$DBS Group Holdings(D05.SG)$ fell 1 per cent or S$0.33 to S$34.05, $OCBC Bank(O39.SG)$ shed 0.1 per cent or S$0.01 to S$14.14, and $UOB(U11.SG)$ sank 2.8 per cent or S$0.86 to S$30.29.
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