Singapore share prices closed slightly firmer on Wednesday, adding 0.10 percent on gains in selected stocks, dealers said. The Straits Times Index rose 2.33 points to 2,228.79.
Volume traded totalled 859 million shares worth 765 million Singapore dollars (452 million US), down from 903 million shares worth 818 million dollars on Tuesday.
There were 275 rising issues, 210 decliners and 638 issues were even. With little fresh leads expected in the coming days, the gains are likely to be short-lived, dealers said.
"It's just a technical rebound. It does not look like it is going to be sustained for too long," the dealer said.
Technology stocks were mostly weaker, pulled down by Creative Technology's announcement it made profit of 691,000 US dollars in the first quarter to September, down sharply from 4.8 million US dollars a year ago.
The company, which closed flat at 12.70 dollars, is hurting from a bruising battle to dislodge Apple from its number spot in the MP3 player market but the US technology giant is proving to be a tough foe to beat.
For the other technology stocks, Chartered Semiconductor eased one cent to 1.07, Venture fell 20 cents to 12.60, STATS ChipPAC slipped one cent to 93 cents and UTAC was 1.5 cents lower 60.5 cents.
Among other blue chips, Singapore Airlines was steady at 11.40, Singapore Telecommunications rose three cents to 2.38, ST Engineering added five cents to 2.52 and Singapore Press Holdings retreated four cents to 4.46.
Banking stocks were mixed with DBS flat at 15.60, United Overseas Bank 10 cents lower at 13.70 and Oversea-Chinese Banking Corp gained five cents to 6.25.
In the property sector, CapitaLand rose six cents to 3.22, City Developments added 10 cents to 8.80 but Keppel Land retreated four cents to 3.78.
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