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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

Annabeth Leow

Published Mon, Apr 30, 2018 · 09:50 PM

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 lose…

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