AGL 38.54 Increased By ▲ 0.97 (2.58%)
AIRLINK 129.50 Decreased By ▼ -3.00 (-2.26%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.86 Increased By ▲ 0.09 (2.39%)
DCL 8.73 Decreased By ▼ -0.14 (-1.58%)
DFML 41.76 Increased By ▲ 0.76 (1.85%)
DGKC 88.30 Decreased By ▼ -1.86 (-2.06%)
FCCL 35.00 Decreased By ▼ -0.08 (-0.23%)
FFBL 67.35 Increased By ▲ 0.85 (1.28%)
FFL 10.61 Increased By ▲ 0.46 (4.53%)
HUBC 108.76 Increased By ▲ 2.36 (2.22%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.95 Increased By ▲ 0.10 (1.46%)
MLCF 41.65 Decreased By ▼ -0.15 (-0.36%)
NBP 59.60 Increased By ▲ 1.02 (1.74%)
OGDC 183.00 Increased By ▲ 1.75 (0.97%)
PAEL 26.25 Increased By ▲ 0.55 (2.14%)
PIBTL 5.97 Increased By ▲ 0.14 (2.4%)
PPL 146.70 Decreased By ▼ -1.70 (-1.15%)
PRL 23.61 Increased By ▲ 0.39 (1.68%)
PTC 16.56 Increased By ▲ 1.32 (8.66%)
SEARL 68.30 Decreased By ▼ -0.49 (-0.71%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.95 Decreased By ▼ -0.05 (-0.14%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.45 Decreased By ▼ -0.40 (-0.79%)
UNITY 26.75 Increased By ▲ 0.35 (1.33%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,806 Increased By 37.8 (0.39%)
BR30 29,678 Increased By 278.1 (0.95%)
KSE100 92,304 Increased By 366.3 (0.4%)
KSE30 28,840 Increased By 96.6 (0.34%)

Singapore shares closed 0.57 percent higher Thursday, buoyed by the extended rebound in US stocks, dealers said. The blue chip Straits Times Index (STI) rose 8.92 points to 1,584.86 on volume of 878 million shares worth 872 million Singapore dollars (575 million US). Losers led gainers 211 to 183, with 835 issues unchanged. Banking stocks led the advance.
"I suppose the banks resilience has to do with the Feds plan to buy long-term Treasuries, which supported US financial stocks overnight," said a dealer at a foreign brokerage, referring to the US Federal Reserve. However, Phillip Securities technical analyst Phua Ming-Weii cautioned that the outlook for the global economy remained weak.
"There might be some more upside (but) the recent rally is still only a blip," Phua said. Banking shares advanced, with DBS gaining 31 cents to 7.71, Oversea-Chinese Banking Corp up seven cents to 4.53 and United Overseas Bank closing 19 cents higher at 9.28.
Among property shares, CapitaLand eased five cents to 2.08, City Developments edged up five cents to 5.01 and Keppel Land remained unchanged at 1.24. Blue chip stocks gained. Singapore Airlines climbed 10 cents to 9.49 and Singapore Telecommunications rose a cent to 2.45. Investment holding company Sembcorp Industries shed 17 cents to 2.07 and oil rig-builder Keppel Corp fell 11 cents to 4.37.

Copyright Agence France-Presse, 2009

Comments

Comments are closed.