STI up as ECB stimulus rubs off on region

AIN'T nothing like the word "stimulus" and "open-ended" to set off a rally in equity markets as if they've been hit by an adrenalin shot.

For the local bourse, there's an added reason to celebrate - this week, the key Straits Times Index put up a remarkable showing of inching up every single day. It ended on Friday at 3,411.5, higher by 41.21 points or 1.2 per cent.

Most other benchmark indices in the regio…