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STI rebounds 17 points in low volume

Supporting sentiment from June Dow futures - about 25 points in the black - in absence of HK, China direction

Published Mon, Apr 4, 2016 · 09:50 PM

WITH Hong Kong and China closed for a public holiday, trade volume in Singapore dwindled to its lowest in two weeks, at 1.4 billion units worth S$743 million.

The Straits Times Index (STI), which dropped 54 points on Thursday and Friday, managed a 16.86-point rebound to 2,835.35, led mainly by Singtel and the banks.

Excluding warrants, the advance-decline score was 200-182.

Turnover done in the 30 index components was S$497 million, which was 67 per cent of the whole market's business. The June Do…

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