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ST Index flat in thin trading

Penny stocks continue to be churned on rotational basis, even as overseas bourses offer little direction

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THE Straits Times Index on Thursday drifted to a 0.37 of a point rise to 2,828.94. Volume, which had been weak for many weeks, remained so at 1.3 billion units worth S$718.1 million, the lowest unit and dollar totals this week. Excluding warrants there were 207 rises versus 131 falls.