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Banks' surge swells July market cap

DBS makes largest gains in dollar terms, its peers follow closely

Published Thu, Jul 31, 2014 · 10:00 PM

THE value of Singapore's stock market in July rose 1.3 per cent from the previous month to S$979 billion, lifted mainly by strong gains in shares of the three banks.

Singapore's market value is skewed by gains in shares of listed companies from the financial sector, showed data compiled and analysed by The Business Times. The total market capitalisation of that sector stood at S$214 billion, tra…

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