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S'pore market needs catalyst for a lasting re-rating
Published Sun, Oct 8, 2017 · 09:50 PM
FOR much of this year, the Straits Times Index moved in tandem with the Dow futures, thus functioning as a sort of advance barometer for Wall Street in the session ahead. So if the Dow futures rose and the STI followed suit, it was a safe bet that the US market would be firm a few hours later.
This of course then meant that movements in the inde…
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