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US rate, Brexit issues keep market on edge

STI inches up on Monday but is still down 2.5% from end-April and 4% lower so far this year

HAVING already sold in May, traders in the local market looked to be following up with the second part of the old adage on Monday as wariness ruled ahead of a potential June rate hike in the United States and the Brexit referendum a month away.

On Monday, the Straits Times Index (STI)