SINGAPORE: Singapore shares rose 0.5% on Thursday to
end at their highest in more than five years, erasing early losses amid
gains in most regional markets.
The blue-chip Straits Times Index (STI) rose 15 points to end at 3,337.71, its highest close since January 9, 2008.
In the broader market, 2.17 billion shares changed hands. Gainers beat losers 244 to 191.
Among the gainers, Genting Singapore jumped 3.9% to S$1.48.
CapitaMalls Asia rose 3.6% to S$2.04 after reporting first-quarter net profit rose 9.6% on-year to S$73.2 million.
The three local banks all rose, with UOB up 1.5% at S$20.91, DBS rising 1.3% to S$16.18 and OCBC gaining 0.6% to S$10.96. The trio will report earnings next week.
The blue-chip Straits Times Index (STI) rose 15 points to end at 3,337.71, its highest close since January 9, 2008.
In the broader market, 2.17 billion shares changed hands. Gainers beat losers 244 to 191.
Among the gainers, Genting Singapore jumped 3.9% to S$1.48.
CapitaMalls Asia rose 3.6% to S$2.04 after reporting first-quarter net profit rose 9.6% on-year to S$73.2 million.
The three local banks all rose, with UOB up 1.5% at S$20.91, DBS rising 1.3% to S$16.18 and OCBC gaining 0.6% to S$10.96. The trio will report earnings next week.
- CNA/ir
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