
Singapore blue chips rise marginally, in line with regional showing

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On April 21, Singapore's Straits Times Index (STI) rose 0.2% to 5,014.96, reflecting regional trends. CapitaLand Integrated Commercial Trust led gains, up 3.3% after announcing a S$3.9 billion acquisition of Paragon mall. Thai Beverage was the worst performer, down 2.4%. Local banks had mixed results, with DBS up 0.4%, while OCBC and UOB fell. The iEdge Singapore Next 50 Index dropped 0.4%. Overall, gainers outnumbered losers 365 to 221, with 1.9 billion securities traded. Regional indices also showed positive performance, with Hong Kong, Japan, South Korea, and Malaysia all gaining.
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