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Banks, Genting fuel STI rebound

Index up 20 points at 2,923.49, likely due to short-covering ahead of an expected Tuesday rebound on Wall Street

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THE Straits Times Index (STI) on Tuesday rebounded 20 points to 2,923.49, most probably thanks to short-covering in mainly the banks and Genting Singapore ahead of an expected Tuesday rebound on Wall Street.

Turnover remained low at 1.3 billion units worth S$825 million with 65 per cent

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