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STI at 7-year high but penny stocks rule again

SGX shoots up 2.3% after Macquarie Equities Research mooted Singapore-China stock connect possibility

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THE Straits Times Index may have risen 12.01 to 3,484.39 on Monday, its highest closing in slightly more than seven years but you wouldn't know it speaking to dealers since the action and excitement was mostly in churning penny stocks - the lower priced, the better.

So it was that the

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