Singapore shares close above 3,400 level on Thursday
SINGAPORE stocks finished almost 1 per cent higher on Thursday, with the Straits Times Index rising 32.13 points to 3,415.90.
It was a rollercoaster ride, with shares initially rising, sold down, and surging again in the last two hours of trading.
About 2.02 billion shares worth S$2.13 billion in total changed hands, which worked out to an average unit price of S$1.05 per share.
After reporting sterling results, DBS led the index, rising 5.3 per cent or S$1.35 to S$26.71.
The most actively traded counter was Marco Polo Marine, which rose S$0.001 to S$0.047 with 96.8 million shares changing hands. Other actives included Singtel and Jiutian Chemical.
There were 224 gainers versus 231 losers.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard