The Straits Times Index managed to end the Year of the Rat above its 50-day moving average which has flattened at 2,901. Although the STI had fallen below 2,901, it had remained above its 50-day moving average whose ascent has leveled off in the past week, from 2,892 to 2,901. The index ended the second week of Feb at 2,925, up 18 points week-on-week.

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