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Greek news extends Friday's relief rally

Banks, Singtel and SGX help STI rise 31.34 points to 3,311.22; volume is low at 1.4b units worth S$872m

THE relief rally markets enjoyed on Friday extended into Monday when news filtered in that European authorities have managed to hammer out some kind of settlement with Greece. The outcome was a 31.34 points rise in the Straits Times Index (STI) to 3,311.22, albeit one that came with low volume