Banks rally?
SGX Weekly Market Review: STI Rises Over 1% Led by Financial Stocks and Record Highs for DBS, OCBC, and SGX
The Straits Times Index (STI) increased by approximately 1.24% to close at 5,698.43 on August 7, driven by strong gains in financial stocks. Key banks DBS and OCBC, along with SGX, reached record high stock prices, supported by positive earnings reports and renewed buying interest in the market.
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