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SINGAPORE: Singapore shares edged higher on Monday, cheered by stock rallies across the region and Europe.
The benchmark Straits Times Index was 0.37 per cent higher at closing bell, up 10.77 points to 2933.53.
Some 3.01 billion shares exchanged hands at a value of S$2.01 billion. Gainers outnumbered losers 417 to 159.
Container shipping firm Neptune Orient Lines closed at S$1.90, up 12 cents on improving global trade. Singapore Airlines fell eight cents to S$14.40.
Shanghai and Hong Kong led a regional stocks rally on Monday as investors welcomed Beijing's green light for a new futures market as well as a short-selling experiment in China.
Meanwhile, London's main stock market index hit its highest level since September 2008, when the collapse of US investment bank Lehman Brothers signalled the start of a global economic crisis.
- AFP/CNA/yb
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