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Wide range of STI forecasts reveals hazy outlook in 2019

After a 10% decline in 2018, analysts forecast index to end in 3,250-3,600 range in 2019, while a support level of 2,850 would throw up bargain buys


THE cloud of uncertainty hanging over the outlook for 2019 has led analysts to offer a wide range of predictions for the performance of the Straits Times Index (STI) this year.

DBS Group Research, the most bearish among them, expects the index to retreat another 7 per...

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