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Banks give STI a boost in mixed session

Brokers describe sentiment as cautious but generally firm, given that US stocks have been rising

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A quiet session on Wednesday ended with the Straits Times Index rising 10.6 points at 3,348.8, thanks mainly to rises in all three banks. Reaction to Wall Street's fresh all-time high on Tuesday was relatively muted, though this was to be expected since stocks here had already risen on Tuesday

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