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Singapore stocks close 0.38% higher
Posted: 18 May 2010 1753 hrs

 
 
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SINGAPORE : Stocks in Singapore closed 0.38 per cent higher on Tuesday, in line with other Asian markets and following overnight gains in Wall Street.

Dealers noted that Asian markets rose on bargain hunting after hitting earlier lows due to news that a eurozone crisis meeting failed to reach a deal on a trillion-dollar rescue fund.

The Straits Times Index ended 10.66 points higher at 2,844.35.

Volume was 1.08 billion shares.

Gainers led losers 276 to 176.

Noble Group climbed 2.8 per cent to S$1.88, SIA Engineering rose 2.4 per cent to S$3.83, while Fraser and Neave closed 2.5 per cent higher at S$4.85. - CNA/AFP/ms

 

 


 
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