STI gains 0.24 per cent, crosses 3,300 threshold

SINGAPORE stocks gained for the fourth straight session on Tuesday, as the Straits Times Index (STI) rose by 7.84 points or 0.24 per cent to end at 3,306.08.

Gainers outnumbered losers 244 to 199, after 2.7 billion shares worth S$1.3 billion changed hands.

Global Logistic Properties, which has received a privatisation offer, remained one of the most active stocks. The counter closed at S$3.33, still below the offer price of S$3.38 a share but up two Singapore cents or 0.6 per cent from the previous close.

Other actives included Singapore Press Holdings, Sincap Group and Ley Choon Group.