Brokers' take

Straits Times Index DBS Group Research, June 6

The STI's gradual rise from 2,700 to 2,800 over the past three weeks is in line with our expectation for a 2,700 to 2,835 range.

STI's rise will likely stay guarded pending the June 15 Federal Open Market Committee meeting and June 23 Brexit referendum outcomes.

We see near-term technical resistances at 2,835 and beyond that 2,900.

We expect the STI to be capped below 2,900 pending the outcome of the Brexit referendum.

Noble Group | Ceasing Coverage June 6 close: S$0.2…