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Equities climb on optimism ahead of G-20

STI up 27.35 points or 0.8 per cent to finish at 3,328.60 as Australia, China, HK, Japan, S Korea close comfortably higher

Published Thu, Jun 27, 2019 · 09:50 PM

REPORTS that the US and China have a tentative truce ahead of this weekend's meeting at the G-20 summit saw the local and regional equities markets stage a rebound.

Renewed optimism saw the Straits Times Index (STI) finish at 3,328.60 on Thursday, gaining 27.35 points or 0.8 per cent.

Key regional markets Australia, China, Hong Kong, Japan and South Korea all closed comfortably higher. Bucking the trend was Malaysia.

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