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STI up 2.43% at closing
Straits Times Index (STI) rose 44.29 points to 1,863.49. -ST
SINGAPORE shares closed 2.43 per cent up on Friday, but caution remained as weak company earnings and job cuts by banking giant DBS Group underlined the impact of a slowing economy, analysts said. The benchmark Straits Times Index (STI) rose 44.29 points to 1,863.49. Around 1.5 billion shares exchanged hands. Gainers beat losers 287 to 181.
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