LOCAL shares ended 0.5 per cent higher on Monday, with the Straits Times Index ending 14.61 points up at 3,083.07.
The bluechip index got a lift in the morning after China eased monetary policy on Friday, cutting both interest rates and lenders' reserve requirements. But the intra-day trend was a gradual downwards slide.
About 1.81 billion shares worth S$1.12 billion in total changed hands, which worked out to an average unit price of S$0.62 per share.
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