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STI takes a breather after recent rally

It's likely to enter into consolidation phase with the immediate support level at 3,500, says CMC Markets

THE Singapore bourse took another breather on Thursday after scaling fresh 2½-year highs with the benchmark Straits Times Index closing modestly lower by 0.2 per cent amid a quiet data day.

The STI fell 7.8 points to finish at 3,512.68 on Thursday, taking the cue from Wall Street's...