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Singapore shares higher at Friday break; STI gains 0.8% to 3,369.22

SINGAPORE shares entered the mid-day break on higher ground after the nation's non-oil domestic exports staged a rebound in October, with the Straits Times Index up 0.84 per cent, or 27.92 points, to an indicated 3,369.22 as at noon.

Gainers outnumbered losers 249 to 123, or almost two stocks up for every one down, after 1.1 billion shares worth S$661.9 million had changed hands.

Among the most active stocks, Compact Metal Industrial gained 20.4 per cent, or one Singapore cent, to 5.9 Singapore cents after 52.2 million shares were traded. Raffles Education fell 7.8 per cent or 2.5 Singapore cents to 29.5 Singapore cents after tycoon Oei Hong Leong dropped a bid to replace the company's chairman.

Active index stocks included DBS Group Holdings, up 1.6 per cent or 37 Singapore cents to S$23.71; and Singtel, up 0.3 per cent or one Singapore cent to S$3.67.

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