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Banks push STI up 0.9%
Big Three banks surge higher; economists say Asia-Pac is keeping watch on Trump's policies
Add BT as a preferred sourcePublished Wed, Feb 22, 2017 · 09:50 PM
AN eighth consecutive all-time high for the Dow Jones Industrial Average on Tuesday triggered a large push on the local banks on Wednesday, propelling the Straits Times Index (STI) up 28.01 points or 0.91 per cent to 3,122.20.
The overall volume amounted to a decent 2.6 billion units worth S$1.47 billion.
The broad market, excluding warrants, recorded an advance-decline score of 290-196 - perhaps not as firm as the index's reading suggested. The unit value traded was S$0.57.
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