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Firm oil, US rally help STI bounce 1.7%

But index closes off intraday high after Dow futures slip into the red in the late afternoon

A RISE in oil prices and an overnight rally on Wall Street helped the Straits Times Index gain 43.78 points or 1.7 per cent to 2,657.57 on Thursday. Turnover was a robust 1.2 billion units worth S$1.3 billion and excluding warrants, there were 278 rises versus 110 falls.

The index,...

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