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Singapore shares rise 1.7%

The European Central Bank's commitment to push up inflation through an easy monetary policy is "vital" for the region's economy and the health of its banks, ECB executive board member Benoit Coeure said on Wednesday.

SHARES on the Singapore shares rose on Wednesday with the key Straits Times Index finishing 44.57 points or 1.7 per cent up at 2,726.96.

Some 1.98 billion shares worth S$1.5 billion were traded with 285 counters up and 124 down.

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