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Brokers' take

Published Mon, Jun 6, 2016 · 09:50 PM

Straits Times Index DBS Group Research, June 6

The STI's gradual rise from 2,700 to 2,800 over the past three weeks is in line with our expectation for a 2,700 to 2,835 range.

STI's rise will likely stay guarded pending the June 15 Federal Open Market Committee meeting and June 23 Brexit referendum outcomes.

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