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STI snaps three-day losing streak to close 2.03% higher

Retail-focused Reits stage strong rebound after announcement of start of relaxation of lockdown curbs from Friday.

Published Tue, Jun 16, 2020 · 09:50 PM

THE Straits Times Index (STI) rose 52.97 points or 2.03 per cent to 2,666.85 on Tuesday, snapping a three-day losing streak after the US Federal Reserve said on Monday that it will begin buying the debt of individual US companies.

About 1.6 billion securities worth S$1.57 billion changed hands on the…

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