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S'pore shares gain 0.14% on upbeat China data

Published on Jan 28, 2013 5:43 PM

SINGAPORE stocks inched another step closer towards the 3,300-point mark today, buoyed by upbeat China economic data and an improved global outlook.

The benchmark Straits Times Index (STI) added 4.6 points, or 0.14 per cent to 3,273.91 for its sixth advance in the last seven sessions. Some 4.2 billion stocks worth 1.7 billion changed hands.

Major regional markets mostly headed higher, with the brightest gains of 2.41 per cent seen in Shanghai. Hong Kong added 0.40 per cent, while Taiwan rose 0.55 per cent.

However, Japan retreated 0.94 per cent, while South Korea shed 0.36 per cent.

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