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China PMI gives only short-lived lift

ST Index closes 0.18 of a point lower, after rising 19 points in the morning in line with regional markets
Wednesday, November 2, 2016 - 05:50

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BETTER-THAN-EXPECTED China manufacturing numbers on Tuesday helped lift sentiment throughout the region, adding about 19 points to the Straits Times Index at 2,832 during the morning session.

By 5pm, however, the index's gain had been whittled down to a net loss of 0.18 of a point at 2,

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