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STI starts June with modest gain

Benchmark index ends at 3,123.46, up 5.7 points or 0.2 per cent following four straight sessions of losses

Published Mon, Jun 3, 2019 · 09:50 PM

FOLLOWING a dour May, the local benchmark index managed to register modest gains in the first trading session of June but trade worries and global growth concerns continue to hang over investor sentiment.

The Straits Times Index (STI) closed at 3,123.46, up 5.7 points or 0.2 per cent following four straight sessions of losses.

"The local benchmark index was noticeably oscillating near neutral throughout the day, with the sector performance mixed," IG market strategist Pan Jingyi observed.

Market watchers have also said that the STI is finding support above the 3,1…

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