- POSTED: 08 Oct 2013 19:39
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Singapore shares snapped a four-session losing streak on Tuesday, rising in line with their Asian peers.
SINGAPORE: Singapore shares snapped a four-session losing streak on Tuesday, rising in line with their Asian peers.
Asian stocks rose on bargain hunting after two days of losses and as Chinese markets reopened on a positive note following a week-long holiday .
Singapore's blue-chip Straits Times Index (STI) added 0.3% or 9.91 points to end at 3,146.50, paring its 1.4% decline over the last four sessions.
In the broader market, 3.6 billion shares worth S$1.1 billion changed hands. Gainers beat losers 308 to 164.
Blumont, one of three small-caps placed under SGX curbs after recent plunges, ended flat at S$0.13 after touching an intraday high of S$0.30, surrendering gains in late trading.
Asiasons, meanwhile, closed down 22.7% at S$0.116, reversing course after rising to S$0.235.
LionGold gave up 24% to end at S$0.190, despite pushing higher to S$0.360 earlier.
All three counters were traded as designated securities under SGX monitoring, which means investors cannot engage in short selling, margin trading or contra trading on these counters.