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                    [ArticleID] => 99101
                    [Title] => Index gains 26 pts as market shrugs off US rate hike
                    [Summary] => 

The market picked up some gains, taking its cue from the uptick in the major US
exchanges following the widely expected half a percentage point hike in Federal
interest rates last Tuesday.

The main index closed 26.07 points or 1.73 percent higher at 1534.05. All
counters, except the unmoved oil sector, contributed to the market's
advance.

Wall Street and Nasdaq sustained their rally as investors felt the Federal
Reserve's decision to boost interest rates by 50 basis points meant that the
worst of the rate increase was over.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

SINGAPORE AND KUALA

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 99101
                    [Title] => Index gains 26 pts as market shrugs off US rate hike
                    [Summary] => 

The market picked up some gains, taking its cue from the uptick in the major US
exchanges following the widely expected half a percentage point hike in Federal
interest rates last Tuesday.

The main index closed 26.07 points or 1.73 percent higher at 1534.05. All
counters, except the unmoved oil sector, contributed to the market's
advance.

Wall Street and Nasdaq sustained their rally as investors felt the Federal
Reserve's decision to boost interest rates by 50 basis points meant that the
worst of the rate increase was over.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Index gains 26 pts as market shrugs off US rate hike

By Christina Mendez | May 18, 2000 - 12:00am

The market picked up some gains, taking its cue from the uptick in the major US exchanges following the widely expected half a percentage point hike in Federal interest rates last Tuesday. The main index closed...

Business