the benchmark Straits Times Index (STI) has risen 8.6 per cent for the month, while Hong Kong's Hang Seng shot up 13.8 per cent and China's Shanghai Composite Index is 4.8 per cent higher.

Last week marked the second straight week that emerging market funds registered fresh cash infusion, as investors stock up on equities in anticipation of the traditional year-end market rally. Read More

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