Healthcare, mining stocks drive activity; STI up 0.28%

Gainers outnumber losers 237 to 185; about 1.62 billion securities worth S$1.27 billion change hands.

Published Tue, Jul 28, 2020 · 09:50 PM

SINGAPORE shares rose on Tuesday, with the Straits Times Index (STI) up 7.18 points or 0.28 per cent to 2,582.97. Gainers outnumbered losers 237 to 185, after about 1.62 billion securities worth S$1.27 billion changed hands.

The biggest gainer on the index was Jardine Matheson, the holding company for the Jardine empire, which gained US$1.35 or 3.38 per cent to end at US$41.30.

It was followed by agribusiness group Wilmar International which rose S$0.13 or 3.01 per cent to S$4.45 on news that its Chinese subsidiary, Yihai Kerry Arawana, has submitted responses to further queries from the Shenzhen Stock Exchange in relation to its proposed listing, including its updated financial information.