Singapore share prices closed 0.12 percent higher on Tuesday as investors locked-in profits from recent gains, dealers said. They said market sentiment was cautious and was manifested in trading interest which was mostly confined to smaller companies. The Straits Times Index closed 2.53 points higher at 2,092.21, while the broader All Singapore Equities index rose 2.07 points to 539.99.
Volume totalled 695 million shares worth 700 million Singapore dollars (424 million US), from 513 million shares worth 412 million dollars on Monday.
Gainers led decliners 201 to 169, with 554 stocks unchanged.
OCBC Research analyst Carmen Lee said that the market was still fairly quiet following the Christmas and New Year break, with "market interest in selective small-to-mid-cap stocks".
Among blue chips, Singapore Telecommunications rose five Singapore cents to 2.41 Singapore dollars, ST Engineering gained four cents to 2.48, but Singapore Press Holdings fell two cents to 4.58 and Singapore Airlines shed 10 cents to 11.30.
Technology stocks were mostly weaker, with Venture Corp down 30 cents at 15.50, Chartered Semiconductor down half a cent to 94.5 cents and STATS ChipPAC half a cent lower to 96.5 cents.
Creative Technology rose 80 cents to 24.50 after the company announced the release of a new MP3 player-cum-photo viewer, the Zen Micro Photo.
Bank stocks ended the day with mixed results, with DBS up 10 cents to 16.10, UOB flat at 13.90 and Oversea-Chinese Banking Corp up 10 cents at 14.00.
Modified starch-maker China Sun Bio-Chem Technology Co Ltd was the most actively traded stock, ending the day 1.5 cents higher at 43 cents.
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