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STOCKS

ST Index up, following Wall Street's lead

But the real action is once again in penny stocks; average value per unit traded for the market is S$0.48

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MONDAY's column earlier this week said Wall Street would probably welcome last Friday's weak US jobs report because the market now takes a "bad economic news is good for stocks'' stance since it means interest rate hikes would be delayed.

This prediction turned out to be accurate, the US...

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