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SINGAPORE: Singapore share prices ended higher on Wednesday amid a mixed bag of performance among Asian markets.
The key blue-chip Straits Times Index (STI) closed 0.8 percent or 22.75 points higher at 2,862.29. Volume was 1.65 billion shares worth S$1.55 billion. Gainers beat losers 359 to 152.
Singapore Airlines rose 3.5 percent to S$15.94 after the Singapore Tourism Board said last week that it expects up to a 50 percent increase in tourism this year.
Gaming group Genting Singapore was 2.7 percent higher at S$0.94.
Elsewhere, other Asian markets ended mixed with most major indexes almost unchanged despite strong Chinese exports figures as dealers took profits on early gains ahead of key inflation data from Beijing.
China said exports in February rose at their fastest pace for three years, while its trade surplus also soared.
However, dealers were looking to the release of consumer prices figures on Thursday, which could indicate Beijing's next monetary policy moves.
Most investors are concerned that a big jump in prices will push the country's leaders towards further credit tightening moves in a bid to stem lending and rein in the booming economy.
Japan's Nikkei Stock Average, Hong Kong's Hang Seng Index and Australia's S&P/ASX 200 finished flat after moving in and out of positive territory during the session. South Korea's Kospi and Taiwan's Taiex ended 0.1% higher.
- CNA/AFP/ir
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