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Banks buoy STI as broad market weakens

Turnover amounts to 1.5 billion units worth S$1.2 billion, with 198 rises to 255 falls

THE outperformance of the three banks continued on Wednesday, driving the Straits Times Index to fresh 21-month highs even as the broad market weakened.

Of the 26.7-point rise recorded by the STI at 3,237.81, about 20 points came from DBS's S$0.97 surge to S$20.83. In total, rises in the...

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