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STI up for third consecutive day on positive global developments

Index up 0.97 per cent or 31.81 points to 3,322.71; other Asian markets also advance except for Jakarta.

Claudia Tan HS

Published Thu, Mar 17, 2022 · 09:50 PM

SINGAPORE shares rose for a third straight session on Thursday (Mar 17) as Asian markets rallied following a spate of positive developments.

Optimism was largely fuelled by clarity on the US monetary policy, China's pledge to support the nation's markets as well as progress in peace talks between Russia and Ukraine.

The Singapore Straits Times Index (STI) advanced 0.97 per cent or 31.81 points to 3,322.71.

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