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Oil price, Wall St, Greek debt main drivers this week

THE direction of the Straits Times Index (STI) this week was determined largely by external events, ranging from movements in oil prices and Wall Street to Greece's debt negotiations with the European Central Bank (ECB). Blue chips which supplied most of the fuel for daily moves in the STI included the three local banks, Singtel, Keppel and the Jardine group - in other words, more or less the same group which has driven the index for the past six months or so. Daily volume was regularly just above...

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