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STI lift may be due to early window dressing

Banks, along with Keppel Corp, CapitaLand and Singtel, contribute to the index's gains; market turnover up at S$1.2 billion


THE Straits Times Index (STI) on Thursday rose 12.57 points to 3,431.59, possibly thanks to early quarter-ending window dressing as well as expectations of a Wall Street rebound during its own Thursday session after a steep Wednesday plunge. The rise came despite weakness throughout the region