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Keep closer eye on late large cap trades

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12 of the 30 STI components were also in the red for the year, including market mainstays such as DBS, OCBC, SembCorp Industries, SembCorp Marine, Keppel Corp and perhaps the best proxy for the local market, the Singapore Exchange - PHOTO: SPH

AT the end of last week, the Straits Times Index closed at its highest in eight months, up 2.7 per cent for the year to date. It would be tempting to conclude from this that most stocks had gained, on average, 2.7 per cent or thereabouts for 2014. Unfortunately, this was not the case - 47 per