STI up 0.06%, tracking Wall Street optimism on Ukraine-Russia peace talks

SINGAPORE stocks inched up on Tuesday (Mar 29) led by optimism on Wall Street over peace talks between Ukraine and Russia. Some regional markets also saw uplifts, buoyed further by a fall in oil prices.

The benchmark Straits Times Index (STI) climbed 0.06 per cent or 1.91 points to close at 3,433.9. A total of 1.72 billion shares worth S$1.4 billion were traded in the local market, with gainers outpacing losers 254 to 202.

However, all 3 banks finished the day in the red, with UOB down 0.68 per cent or S$0.22 to S$32.16, DBS down 0.53 per cent or S$0.19 to S$35.97, and OCBC closing 0.16 per cent or S$0.02 lower at S$12.39.