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Singtel, DBS lead Singapore stocks rally

Straits Times Index advances 50 points, or 1.6 per cent, to finish at 3,249.89 after Hari Raya Haji holiday

Published Thu, Aug 23, 2018 · 09:50 PM

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BLUE chips Singtel and DBS paved the way for Singapore stocks to power ahead on Thursday, with the Straits Times Index advancing 50 points, or 1.6 per cent, to finish at 3,249.89.

Gainers outnumbered losers 210 to 181. About 1.47 billion shares worth S$1.5 billion changed hands, compared to the 1.08 billion shares worth S$927.3 million traded on Tuesday.

While there was a pick-up in trading volume compared to before the Hari Raya Haji holiday, participation from clients is still lagging behind, a broker noted.

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