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STI weakens but action aplenty in pennies

Local blue chips listless despite leap in Dow futures contract and rise in HK bourse on dovish FOMC expectations

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AN 80-point jump in the Dow futures contract, a 0.6 per cent rise in Hong Kong's Hang Seng Index and a firm opening Europe-wide on Wednesday suggested that markets were positioning themselves for a dovish US Federal Open Market Committee (FOMC) meeting, but these developments failed to stir