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THE share market ended one of the most dramatic 12 months in living memory by closing up 65 per cent - an unthinkable outcome a few months ago, and its best performance since 1999.
The outcome is even more spectacular in terms of market capitalisation. When the Straits Times Index closed 17.86 points up at 2,897.62 yesterday, it brought the value of all the listed firms here to $690.6 billion.
That is a whopping 75.7 per cent up on the level of $393 billion at the end of December 2008, when the world was in the grip of the financial crisis.
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