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Singapore shares close up 0.39% on Tuesday at a high of 3,550.21

SINGAPORE shares continued their winning streak on Tuesday, with the benchmark Straits Times Index (STI) climbing 13.8 points, or 0.39 per cent, to 3,550.21.

It has now narrowly beat out the magic number analysts were watching - 3,549.85, when the index crested in 2015 in the wake of the global financial crisis.

Across the bourse, almost 2.12 billion shares worth S$1.12 billion were traded, with gainers beating out losers 272 to 182.

Local banks were strong drivers on the index, with OCBC Bank putting on S$0.13, or 0.99 per cent, to S$13.21, on a turnover of around 5.41 million shares.

Keppel Corporation also reaped gains from high oil prices, adding S$0.14, or 1.72 per cent, to S$8.26, with 7.03 million shares moving.

Manufacturer JEP Holdings topped the actives list again, as 375.2 million shares changed hands.

The counter dipped by 0.1 Singapore cent, or 1.64 per cent, to S$0.06.

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