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STI gains 0.07%; global headwinds to persist in 2Q, says BNP Paribas

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Singapore shares continue to drift sideways in post-lunch trade as investors unwilling to commit, with no firm direction for market.

The STI gained 0.07% to 2,836.56, still locked in tight morning band of 2,831-2,842. Overall activity subdued with about 700 million shares traded vs whole of yesterday’s 1.46 billion. Market breadth remains tad negative.

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