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STI stages late rally after day of uncertainty

Index ends 16.81 points or 0.52 per cent higher at 3,229.11; other Asian indices finish mixed

Published Wed, Jan 16, 2019 · 09:50 PM

UNCERTAINTY reigned supreme in major economies around the world on Wednesday, after the UK parliament voted down the latest Brexit deal and the partial US government shutdown entered its 25th day.

The Chinese government's largest-ever one-day injection of liquidity into China's financial system might have been a strong catalyst on a quieter day, but struggled to cut through the noise on Wednesday.

Rather than ra…

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