Banks largest contributors to STI's rise

THE Straits Times Index on Tuesday moved in tandem with rises and falls in various other markets, most notably the Dow futures, Hong Kong and China. It eventually settled at 2,672.07, a nett gain of 11.42 points for the day. At 5pm, the Dow futures stood 40 points weaker.

Turnover was a decent 1.4 billion units worth S$1.3 billion and excluding warrants, there were 212 rises versus 165 falls.

All three banks rose and were the largest contributors towards the index's gain.

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