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STI regains 3,000 level as equity markets cheer Biden s swearing-in
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Singapore stocks open higher on Thursday as Biden takes office; STI up 0 2%
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SINGAPORE - Global equity markets cheered the swearing-in of United States President Joe Biden, as many key regional indexes ended trading on Thursday (Jan 21) with gains.
Singapore s benchmark Straits Times Index (STI) breached the 3,000 mark and closed at 3,017.15 points, up 18.38 points or 0.61 per cent.
Oceanus Group s shares traded at a volume of 583.5 million, accounting for about 16 per cent of the total trades on the market, making it the most active counter. The share price, however, had a bumpy ride, as it surged 8.2 per cent within an hour of the opening bell. The bourse operator fired a query to the watch-listed seafood and fast-moving consumer goods value chain manager. But the counter did not manage to sustain the momentum and closed 4.08 per cent lower instead at S$0.047.
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