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Local banks were all trading higher at the open

$UOB Kay Hian(U10.SG)$ notching the most gains to reach S$28.70, up S$0.26 or 0.9 per cent. $DBS Group Holdings(D05.SG)$ climbed S$0.12 or 0.4 per cent to S$33.42, and $OCBC Bank(O39.SG)$ added S$0.08 or 0.6 per cent to S$12.63.
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