STI extends gains by another 18.99 points

SINGAPORE shares continued their rally for the fifth straight session on Wednesday, driven by the developments surrounding real estate and investment company Rowsley and NetLink NBN Trust's listing on the local bourse.

The benchmark Straits Times Index (STI) added 18.99 points or 0.57 per cent to finish the session at 3,325.07. The blue-chip benchmark had on Tuesday closed at 3,306.08 - breaching the 3,300 threshold for the first time in two years.

Some 3.6 billion units worth S$1.6 billion changed hands, with gainers outnumbering losers 311 to 170, or about two up for every one down.

Among the actives were Rowsley, NetLink and the oil and gas plays.