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Banks shining on Singapore bourse

Banks shining on Singapore bourse

(Singapore) - In generally strong equities trading this week, Singapore shares continue to close higher, fuelled by funds buying into blue chips especially the banks. Official closure of the SARS crisis on the Intelligent Island and a strong Wall Street rally is helping to lift volume and demand, with some 1.6 million shares being crossed on Monday alone - the highest transaction volume for 2003 to date.

DBS Group has risen by over four percent to S$10.20.
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