Straits Times Index bucks regional trend to rise 0.4%
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LOCAL stocks gained for a fourth consecutive day on Friday (Apr 22), bucking a regional trend where most markets ended the day in the red.
The benchmark Straits Times Index (STI) climbed 0.4 per cent or 12.65 points to close at 3,361.11. For the week, the market barometer was up 0.8 per cent or 25.26 points.
Keppel Corp led gains on the index, rising 2.4 per cent to S$6.81, after reporting on Thursday that first-quarter revenue and net profit had improved from the same period a year earlier.
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