Singapore shares end higher on Friday after Thursday's sell-off

SHARE prices on the Singapore bourse recovered slightly from Thursday's steep sell-off to close higher on Friday, with the key Straits Times Index up 21.78 points, or 0.71 per cent, to 3,069.17.

About 2.04 billion securities worth S$1.4 billion in total changed hands, which worked out to an average unit price of S$0.69. Gainers outnumbered losers 293 to 131, or about nine securities up for every four down.

The most actively traded stock was Vallianz Holdings, which traded flat at S$0.007 with 105.8 million shares changing hands. Other actives included Nico Steel Holdings and Genting Singapore.