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Traders position for dovish FOMC

Penny stocks in play led by ISR Capital, while ST Index drifts before late afternoon surge
Tuesday, September 20, 2016 - 05:50
35789870.3 (36730319) - 18_11_2015 - pixsti22.jpg

THE Straits Times Index on Monday drifted within a narrow band before a late afternoon push took it up 24.69 points to 2,852.14, ahead of this week's US Federal Open Market Committee (FOMC) meeting. The bounce came after an 80-point jump in the Dow futures and after Europe opened in the black.

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