Singapore shares close week higher despite weakness in Dow futures, Europe
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THE Straits Times Index (STI) on Friday rose 25.17 points to 2,838.65, thanks to gains in the Jardine stable, Genting Singapore and Singtel. This came with 1.3 billion units worth S$1.09 billion traded and brought the STI's rise for the week to 24 points or 0.9 per cent.
Friday's rise came despite a fall in the Dow futures and a weak opening for Europe. Excluding warrants, there were 193 rises versus 194 falls so the index's rise was not reflected in the rest of the market.
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