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Markets look beyond US Capitol unrest to expected stimulus
Regional stocks rally on Democrats' win; upward trajectory could continue for Singapore financials and cyclical counters
Published Fri, Jan 8, 2021 · 05:50 AM
Singapore
SINGAPORE and regional stocks marched forward on Thursday, taking their cue from the US Democrats' Senate win, brushing aside the storming of Capitol Hill in the US.
The benchmark Straits Times Index (STI) rose 1.5 per cent or 43.96 points to close at 2,906.97, its highest in more than 10 months.
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