Singapore shares closed 1.08 percent higher on Wednesday following a strong rally on Wall Street overnight, dealers said. The blue chip Straits Times Index (STI) rose 16.91 points to 1,575.94 on volume of 898 million shares worth 728 million Singapore dollars (476 million US). Gainers led losers 238 to 126, with 864 issues unchanged.
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- IMM speculators decrease long dollar positions
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- Index gains 86 points
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- Malaysian shares down 1.3 percent
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- Monday's midday trade: Wall Street up
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- Singapore economy may have shrunk 8.8 percent in first quarter
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- Solvay holding denies received offer for shares
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- Three British managers held in French bossnapping
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