Markets perk up as trade tensions ease

EASING trade war tensions salved Singapore shares on Tuesday, as the benchmark Straits Times Index (STI) broke out of a four-day losing streak.

It gained 26.89 points, or 0.79 per cent, to close at 3,439.35, with the needle hovering fairly steadily through the session around an intra-day average of 3,432.18 points.

Technology and manufacturing stocks also started to feel an uplift from the February industrial production numbers out on Monday. Electronics provider Venture Corporation was among the day's top gainers, putting on S$0.58, or 2.08 per cent, to S$28.43.