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STI gives up day’s gains to close 0.06% lower on Feb 24

Jovi Ho
Jovi Ho • 3 min read
STI gives up day’s gains to close 0.06% lower on Feb 24
The benchmark index slipped to its intra-day low of 3,923.28 points at open, some 0.17% lower, before rallying to an intra-day high of 3,951.64 points just before 11am. Photo: Bloomberg
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The Straits Times Index (STI) gave up its midday gains to close 2.19 points lower, or 0.06% down, at 3,927.75 points on Feb 24, the first trading day after the Monetary Authority of Singapore’s (MAS) equities market review group proposed a slew of measures on Feb 21.

The benchmark index slipped to its intra-day low of 3,923.28 points at open, some 0.17% lower, before rallying to an intra-day high of 3,951.64 points just before 11am. 

The STI began falling again after 3pm, closing just 0.11% above its intra-day low. 

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