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Singapore stocks rose on Wednesday’s open—STI gained 0.2% Singapore News

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Singapore stocks rose on Wednesday’s open, Oct 16, despite losses in international markets overnight. The Straits Times Index gained 0.2%, or 7.84 points, to reach 3,603.

31 by 9:01 am, The Business Times reports.

LifeBrandz, a food and beverage group, led the trading volume. Its price remained steady at S$0.003, with 24.4 million shares traded. Singapore’s banking stocks also performed well at the opening. DBS saw a slight gain of 0.2%, rising by S$0.06 to S$39.46. OCBC increased by 0.5%, or S$0.07, to S$15.21, while UOB added 0.5%, or S$0.16, to reach S$32.52.

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