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STI breaks 4-day slide to gain 0.8% for 2,827.45 close

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SINGAPORE shares broke their four-session slide on Friday as the Straits Times Index (STI) rose 0.78 per cent, or 21.93 points, to close at 2,827.45.

Gainers outnumbered losers 191 to 169, or about eight up for every seven down, after one billion shares worth S$938.1 million changed hands.

Singtel and the banks led the charge for the blue chips. Singtel rose 0.5 per cent, or two Singapore cents, to close at S$3.91.

DBS Group Holdings gained 1.3 per cent, or 19 Singapore cents, to head out at S$15.16, while United Overseas Bank improved by 0.9 per cent, or 17 Singapore cents, to S$18.86. OCBC Bank added 1.5 per cent, or 13 Singapore cents, to finish at S$8.66.

Among the top volumes, commodity trader Noble Group shed 3.1 per cent, or 0.4 Singapore cent, to close at 12.7 Singapore cents, while Ezra slipped 2 per cent, or 0.1 Singapore cent, to end its week at five Singapore cents.