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Traders await Deutsche Bank news

ST Index ekes out 1.4-point gain following firm opening in Europe and rise in US futures

TRADING on Monday was mainly listless and cautious as traders waited for further developments in Germany surrounding the fate of Deutsche Bank. However a firm opening of Europe in the late afternoon which led to a 20-point rise in the Dow futures helped the Straits Times Index to a 1.37- point gain at 2,870.84.

Turnover was a poor one billion units worth S$613 million, one of the worst dollar totals this year. Excluding warrants there were 203 rises versus 167 falls.

Within the index Singtel stood...

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