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STI closes higher as Dow futures rise

Pictet exec identifies four reasons for worst start to new year for equity markets since 1897


THE Straits Times Index (STI) on Thursday finished with a rise of 16.27 points at 2,562.45 thanks mainly to an afternoon push that came when the Dow futures rose 120 points and Europe opened in the black. Turnover was below average at 745 million units worth S$901 million and, excluding warrants...