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Top gainers at the market's opening include DBS, UOB and Singapore Exchange.
Meanwhile, shares of Singapore Airlines shed seven Singapore cents to S$11.96 after the airline confirmed that it has been in discussions to purchase a stake in South Korea's Jeju Air. The stock was among the top losers in early-morning trading.
Some 67.4 million shares worth S$85.9 million changed hands as at 9.02am on Tuesday, with gainers outnumbering losers 101 to 44.
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