STI sets new 29-month high; earnings season in full swing

THE five trading sessions spanning Oct 27 to Nov 2 saw the Straits Times Index (STI) gain 0.7 per cent. The STI reached a high of 3,395.76 on Nov 1, a 29-month high which dates back to May 29, 2015. This has brought the STI's dividend-inclusive return for 2017 (through to Nov 2) to 20.9 per cent, compared to an average 17.1 per cent return for the benchmarks of Japan, Hong Kong and Australia.

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