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Singapore shares up ahead of Fed meeting

STI up 12.78 points or 0.4% to close at 3,212.96; boost comes from market expectations that US Fed will remain dovish

A QUIET Singapore stock market rose slightly on Monday as investors began to turn their eyes towards the US Federal Reserve's mid-week policy meeting.

The Straits Times (STI) joined other Asian benchmarks on higher ground, adding 12.78 points or 0.4 per cent to close at 3,212.96.


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