Singapore stocks: STI resumes Friday afternoon trading at 3,260.52, up 0.7%

SINGAPORE stocks resumed Friday afternoon trading in positive territory, with the Straits Times Index rising 24.26 points, or 0.7 per cent to 3,260.52 as at 1.01pm.

Gainers outnumbered losers 183 to 119, after about 746.6 million shares worth S$572 million in total changed hands.

The most actively traded counter was Nam Cheong 31.87 million shares traded, down 13.33 per cent or 0.2 Singapore cent to 1.3 Singapore cents.

Other active index stocks included M1 with 22.05 million shares traded, climbing 27.61 per cent or 45 Singapore cents to S$2.08; and Vallianz with 18.8 million units changing hands, flat at 0.8 Singapore cent.

Among active index stocks, Keppel Corp was down 1.68 per cent, or 12 Singapore cents, to S$7.04, while OCBC Bank added 1.32 per cent or 15 Singapore cents to S$11.51.

SPH, which publishes The Business Times, gained 0.71 per cent, or two Singapore cents, to S$2.81.