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STI bounces on MSCI's 'A' share decision

Market 'relieved' S'pore's weighting won't be cut after MSCI says it won't include the shares in EM index yet


AFTER falling 55 points in four consecutive sessions from Thursday last week to Tuesday this week, the Straits Times Index (STI) on Wednesday bounced 30.64 points or 0.93 per cent to 3,325.77 after news that MSCI will not be including China "A" shares in its Emerging Markets (EM) index yet. Some