STI bounces back to pre-correction levels
Banks push up benchmark index on earnings hopes; struggling Venture Corp is the outlier amid tech stocks' renewed cheer
TRADERS seemed keen to get in some action ahead of the Labour Day break, and they were in good spirits as earnings seasons and annual general meetings started to bear fruit.
The Straits Times Index (STI) was back above the 3,600-mark - a position it has not held since the market correction early in the year. It gained 36.72 points on Monday, or 1.03 per cent, to 3,613.93.
Meanwhile, gainers beat losers 252 to 162 on the full bourse, or three up for every two down, with 2.18 billion shares worth S$1.62 billion changing hands.
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