Local shares piled on robust gains on Jan 8, despite mixed results around the region and a downbeat session on Wall Street overnight, amid concerns that inflation is sticking around.
The Straits Times Index (STI) added 1.54 per cent or 58.81 points to 3,886.98. Across the broader market, losers outnumbered gainers 283 to 237 on trade of 960 million shares worth $1.38 billion.
Yangzijiang Shipbuilding, which climbed 4.4 per cent to $3.08, was the STI's most active by volume.
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