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Singapore shares close 1% higher

SHARE prices in the Singapore bourse rose with the benchmark Straits Times Index finishing 34 points or nearly one per cent up at 3,464.28 on Wednesday.

Some 2.5 billion shares worth S$1.3 billion were traded versus Tuesday's 1.1 billion shares worth S$1 billion.

Gainers outpaced losers with 253 counters up and 178 counters down.

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