Singapore shares end week in the black, STI up 0.5%
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LOCAL stocks ended a choppy week on a more optimistic note, as news of vaccinated travel lanes and updates on the state's vaccination figures lifted investor optimism.
It was announced on Thursday that Singapore will launch travel lanes with Germany and Brunei, doing away with serving a stay-home notice period. Singapore will also unilaterally open its borders to travellers from Hong Kong and Macau with immediate effect.
The Straits Times Index advanced 0.5 per cent or 15.78 points to end Friday at 3,102.75. Across the broader market, decliners inched past advancers 257 to 229 as 1.36 billion securities worth S$1.07 billion changed hands.
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