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ST Index slips as early gains fizzle out

Brokers cite upcoming holidays and withdrawal of capital from emerging markets as reasons for dull session

Published Wed, Dec 21, 2016 · 09:50 PM

TRADING on Wednesday was quiet with turnover amounting to a low 1.4 billion units worth S$789.4 million. Rises in the three banks helped the Straits Times Index move into the black intraday but the momentum was not sustained, the index closing with a net loss of 9.61 points at 2,901.70.

Brokers described the session as largely dev…

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