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STI stays flat ahead of ECB meeting

UOB Kay Hian in its 2016 outlook suggests investors should buy on pull-backs


A LARGE afternoon bounce in the Dow futures and a firm opening in Europe ahead of a key European Central Bank (ECB) policy meeting helped the Straits Times Index on Thursday reverse a 20-point intraday loss and instead finish a net 0.25 higher at 2,883.89.

It was the index's third...