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STI surges ahead with 16.6-point gain

It outperforms its regional peers such as Japan and China, ending at 3,348.64, up 0.5 per cent

Published Wed, Apr 17, 2019 · 09:50 PM

REGIONAL benchmark indices had a mixed session on Wednesday, even after Chinese Q1 GDP, and industrial production and retail sales data for March, beat expectations.

China and Japan markets performed well, adding 0.3 per cent, while Australia dropped 0.3 per cent.

But Singapore's Straits Times Index (STI) pressed ahead, outperforming its regional peers. The index had crossed the 3,350 mark during Wednesday's session, before closing at 3,348.64, up 16.60 points or 0.5 per cent.

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