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Banks, Singtel help STI gain 1.1% for the week

Singtel and battered offshore marine-sector plays such as Keppel Corp.

INVESTORS have expressed concern in the past that the death of Singapore's founding prime minister Lee Kuan Yew might have an adverse impact on the local stock market.

They needn't have worried. Over the course of the week, the Straits Times Index (STI) rose 38 points or 1.1 per cent to 3