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Among the active counters were Singapore Airlines (OTC:SINGY) and CapitaLand Investment, with their shares climbing to S$6.29 and S$3.10, respectively. Seatrium also saw a high trading volume of 34.2 million shares, while Rex International remained steady.
Banking stocks also contributed to the market’s upward movement. DBS bank reported a significant 16% rise in its Q3 net profit, reaching S$2.59 billion. This was driven by an unprecedented total income of S$5.2 billion. Other banking stocks, such as United Overseas Bank (OTC:UOVEY) (UOB) and Oversea-Chinese Banking Corporation (OCBC), also gained with OCBC advancing to S$13.08.
While Genting Singapore ticked up, the broader market saw more securities gaining, contributing to the overall positive performance of the STI on Monday.
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