STI leaps as HK stocks, US futures, oil rise
Index gains 1.4 per cent amid strong turnover of S$1.44 billion; DBS, OCBC and Singtel advance
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THE Straits Times Index on Tuesday jumped 36.68 points or 1.4 per cent to 2,644.58, in line with gains in Hong Kong and China stocks and the Dow futures, and a rise in oil price to above US$30 per barrel. Turnover was a robust 1.1 billion units worth S$1.44 billion, with an advance-decline score of 262 to 132 excluding warrants.
The rise was led by heavyweights DBS, OCBC and Singtel, while UOB ended weaker. Offshore and marine (O&M) counter Ezra was the day's most active stock when it rose S$0.003 to S$0.052 on volume of 54.2 million.
Elsewhere in the O&M sector, Sembcorp Marine (SMM) ended S$0.11 higher to S$1.57 on volume of 8.6 million. The company on Monday reported a Q4 loss of S$537 million.
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