Singapore equities end higher on back of solid global economic growth

SINGAPORE shares ended Wednesday's session on an upbeat note, lifted by the optimism driven by strong global economic growth.

The benchmark Straits Times Index (STI) added 17.53 points or 0.52 per cent to close at 3,391.61 - the highest in over two years.

Some 2.5 billion shares worth S$1.5 billion changed hands, averaging out to be S$0.60 a unit. Trading was firm, with gainers beating losers 305 to 158, excluding warrants.

Among the heavyweights that lifted the index were the banking stocks and shares of Keppel Corp, while some of the Jardine group of companies chalked up losses.