Singapore shares closed 2.5 percent higher on Thursday, mirroring gains in regional markets as investors cheered Japans plans for a new stimulus package, dealers said. The main Straits Times Index rose 44.55 points to 1,828.51. Volume was 1.64 billion shares worth 1.17 billion Singapore dollars (780 million US) and there were 364 rising issues, 125 losers and 709 issues even.
Among the banks, DBS added 41 cents to 8.91 dollars, Oversea-Chinese Banking Corp put on 16 cents to 5.46 and United Overseas Bank was 38 cents higher at 10.50. Singapore Airlines climbed 48 cents to 11.46 and Singapore Telecommunications was three cents up at 2.55.
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