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Singapore: Shares end 0.3 per cent higher


SMALL gains from Singtel and the Jardine group lifted the local market on Wednesday, with the Straits Times Index up 10.84 points or 0.3 per cent to 3,453.17.

The index managed to eke out a rise despite weak economic data from China, which dragged down the Hang Seng and Shanghai indices.

About 1.28 billion shares worth S$994 million in total changed hands, which worked out to an average unit price of S$0.78 per share.

The most actively traded stock was micro-penny WE Holdings, which rose S$0.002 to S$0.007 with 67.9 million shares changing hands. Other actives included Golden Agri-Resources and IHC.

Gainers outnumbered losers 219 to 192, or about eight up for every seven down.