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STOCKS

STI drifts to weaker close

Observers say the market, which has jumped more than 7 per cent since Brexit, is on track for a consolidation

THE Straits Times Index drifted within a narrow band for most of Thursday's session before finishing with a 5.26-point loss at 2,940.48. Turnover amounted to 966 million units worth S$1.05 billion, which was lower than the S$1.2 billion on Wednesday. Excluding warrants, there were 215 rises