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Pennies in play as STI recoups Monday's losses

Index edges 0.3% higher to 2,852.97, in line with analysts' predictions that it would encounter difficulty breaching 2,870 mark

Straits Times Index.jpg

PENNIES were in heavy play again on Tuesday as the local market slouched its way towards a long holiday weekend, albeit with a slight lift from Wall Street's overnight rebound and hopes of more economic stimulus in China.

Singapore stocks managed to recoup the previous day's losses on