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Singapore shares rise on bargain hunting

Traders are trying to figure out the level of risk alert the market should be on amid increasing travel restrictions

Claudia Tan HS

Published Tue, Feb 25, 2020 · 09:50 PM

THE Straits Times Index ended Tuesday up 16.04 points or 0.51 per cent at 3,158.24 points, despite news of the spread of Covid-19 in South Korea and Italy.

Advancers outnumbered decliners 237 to 197 with 1.6 billion securities worth S$1.3 billion changing hands.

Traders are trying to figure out what level of risk alert the market should be on, said Stephen Innes, chief market strategist at AxiCorp.

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