Late buying accounts for bulk of STI gain

A LATE push on Wednesday enabled the Straits Times Index to record a 20.44 or 0.6 per cent rise to 3,354.46 ahead of Thursday's European Central Bank (ECB) meeting at which a large quantitative easing (QE) package is expected to be announced. The index had risen about seven points at 5pm, which means 13 points were added during the post-closing matching period.

No individual stock b…