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STOCKS

STI manages to stay in the black

UOB-Kay Hian has "overweight" recommendation for banking sector while Maybank Kim Eng keeps "negative" view

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MONDAY'S column highlighted the year's starting level for the Straits Times Index (STI) of 2,882 as presenting formidable resistance because the index had not been able to stay above it for more than a few days on three ocassions since the start of the year.

As it turned out, having once