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Broad market weakens despite STI bounce

SGX queries LionGold over high volume, and Swee Hong and Hu An Cable for jump in share prices

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THE Straits Times Index (STI) on Monday probably enjoyed a late bout of short-covering that lifted it from a double-digit loss to a net gain of 1.83 points at 2,817.07, but the broad market was weak with 145 rises versus 235 falls. Turnover was a weak 2.4 billion units worth S$995.3 million.