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STI gains 0.1% at midday break; momentum wanes after Monday rally

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Singapore shares lose momentum after yesterday’s Asia-wide rally, with investors content to lie low, wait for fresh cues.

The STI gained 0.1% at 2,836.66 midday after hovering in tight 2,831–2,842 range whole morning, with gains in Jardine group of companies mitigating losses in banks, developers.

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