Singapore shares rose on Monday—STI up by 0.3%

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Singapore shares rose on Monday—STI up by 0.3%
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Straits Times Index (STI) started the day by 8.31 points or 0.3%, reaching 3,301.24

The Business Times reported that the Straits Times Index started the day by 8.31 points or 0.3%, reaching 3,301.24 by 9:01 am.

Thai Beverage led the charge in terms of trading volume, remaining steady. It captured investors’ attention with a gain of 1%, reaching S$0.495 after 3.9 million securities were traded. Banking stocks showcased a mixed performance during the early trading session. DBS saw a marginal decline of 0.1%, dropping to S$35.59, while OCBC registered a slight increase of 0.1%, climbing to S$14.30.On Wall Street, Friday witnessed a surge in stock prices, buoyed by the release of US economic data revealing a slowdown in hiring and a rise in unemployment figures.

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