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STI gets late push in mixed session
Index closes 14 points higher after drifting within a narrow band as before
Add BT as a preferred sourcePublished Wed, Oct 19, 2016 · 09:50 PM
THE final US presidential debate takes place at 9am Singapore time on Thursday, which could explain Wednesday's quiet and relatively listless trading session.
In keeping with a recent, well-established pattern, the Straits Times Index (STI) drifted within a narrow band, spending most of the day tracking the Dow futures before a late push enabled it to close with a net gain of 13.99 points at 2,844.62.
The slight upward bias, though, was most likely thanks to firmer oil prices and encouraging earnings reported by US firms on Tuesday.
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