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STI gains 0.2%; off highs, but property stocks support

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Singapore shares off earlier highs as investors choose to digest recent gains rather than chase market up amid lingering uncertainty over China tightening, prospect of Fed meeting tonight.

STI +0.2% at 2,879.79 midday vs morning high of 2,884.40 (+0.4%); resistance tipped at 2,900, support at last week’s low of 2,820 should index turn lower.

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