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Expectations of strong earnings power STI past 3,500 points
The market last traded above 3,500 briefly in April 2015 and in 2007; the three local banks are the star performers
Published Thu, Jan 4, 2018 · 09:50 PM
Singapore
POWERED by expectations of higher corporate earnings, Singapore's benchmark Straits Times Index (STI) has returned to rarefied levels of more than 3,500 points.
Thursday's close of 3,501.16 points means the STI has added nearly 100 points in the first three days of the year.
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