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20 March Straits Times Index




Straits Times Index has been bullish and extending its gains for almost two weeks after the gap up from 2795. The volume however is telling a different story as it has been steadily decreasing. Investors are cautious as the STI approached 2948 which is January high as it is unlikely that the index will break through in this round. Expect profit taking and the index to consolidate first.


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