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Feb 3, 2007

TAKING STOCK

STI breaks 3,200 mark with few signs of bull run ending

Pre-Budget hopes, strong economy and firmer property market fuel gains

By Goh Eng Yeow, Markets Correspondent

A POTENT mix of New Year fever and pre-Budget expectations propelled the share market on to a dizzying bull run yesterday that ended with another record high close.

The Straits Times Index (STI) rocketed 49.58 points to 3,217.68, bringing the gains over the past two days to an eye-popping 92.12 points, or 2.95 per cent.

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