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STI falls on likely December US rate hike

39-point dip brings the index's three-day consecutive losses to 82 points; volume stays low at S$957 million

NEWS from the US that the Federal Reserve has left the door open for an interest rate hike in December probably led to Thursday's 39-point or 1.3-per-cent loss for the Straits Times Index (STI) at 3,001.51.

Alternatively, it could also be that the index, having bounced 342 points from its