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STI drifts ahead of action-packed Thursday

Ex-FBI director James Comey's testimony, UK election and ECB meeting all happening that day

Anita Gabriel
Published Tue, Jun 6, 2017 · 09:50 PM

THE local bourse meandered through all of Tuesday's session in an uninspired fashion, no thanks to Wall Street's lower close and the absence of fresh leads.

The benchmark Straits Times Index finished 2.56 points, or 0.08 per cent, lower at 3,235.75 with some 1.6 billion shares worth S$920 million done.

"The holding pattern for markets could certainly retain slightly longer towards the action-packed Thursday," said IG Singapore's market strategist Jingyi Pan, referring to former FBI director James Comey's testimony before the Senate intelligence committee on whether US President Donald Trump interfered with the Russia probe.

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