AGL 39.02 Decreased By ▼ -0.98 (-2.45%)
AIRLINK 129.16 Increased By ▲ 0.10 (0.08%)
BOP 6.74 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.45 Decreased By ▼ -0.10 (-1.17%)
DFML 41.05 Increased By ▲ 0.23 (0.56%)
DGKC 81.25 Increased By ▲ 0.29 (0.36%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 74.84 Increased By ▲ 0.41 (0.55%)
FFL 11.76 Increased By ▲ 0.02 (0.17%)
HUBC 109.73 Increased By ▲ 0.15 (0.14%)
HUMNL 13.90 Increased By ▲ 0.15 (1.09%)
KEL 5.29 Decreased By ▼ -0.02 (-0.38%)
KOSM 7.79 Increased By ▲ 0.07 (0.91%)
MLCF 38.63 Increased By ▲ 0.03 (0.08%)
NBP 64.73 Increased By ▲ 1.22 (1.92%)
OGDC 193.50 Decreased By ▼ -1.19 (-0.61%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.38 Decreased By ▼ -0.01 (-0.14%)
PPL 155.30 Decreased By ▼ -0.15 (-0.1%)
PRL 25.55 Decreased By ▼ -0.24 (-0.93%)
PTC 17.58 Increased By ▲ 0.08 (0.46%)
SEARL 79.10 Increased By ▲ 0.45 (0.57%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.66 Decreased By ▼ -0.07 (-0.21%)
TPLP 8.55 Increased By ▲ 0.15 (1.79%)
TREET 16.30 Increased By ▲ 0.03 (0.18%)
TRG 57.98 Decreased By ▼ -0.24 (-0.41%)
UNITY 27.70 Increased By ▲ 0.21 (0.76%)
WTL 1.40 Increased By ▲ 0.01 (0.72%)
BR100 10,515 Increased By 70.1 (0.67%)
BR30 31,190 Increased By 1 (0%)
KSE100 98,402 Increased By 603.8 (0.62%)
KSE30 30,681 Increased By 200 (0.66%)

Singapore shares closed 0.49 percent higher on Tuesday, boosted by buying in stocks related to the offshore oil and gas sector, dealers said. The blue chip Straits Times Index rose 14.08 points to 2,869.76 on volume of 1.67 billion shares worth 1.11 billion Singapore dollars (793.06 million US). Gainers outnumbered losers 367 to 139, with 848 unchanged.
"The blue chips have held centre stage for some time... So I suspect laggard buying is helping to move the small caps," said a dealer at a foreign brokerage. Oil- and gas-linked stocks performed well on expectations of rising energy demand as the global economy recovers from the worst recession since the 1930s, dealers said.
Swiber Holdings Ltd was up five cents to 1.01 dollars following news it had won a contract worth 75 million US dollars to provide underwater inspection, repair and maintenance services from an unidentified Southeast Asian oil firm. Among the other gainers was China-linked shipbuilder COSCO Corp whose shares climbed seven cents to 1.21.
Banking stocks were higher, with DBS gaining 14 cents to 15.30, United Overseas Bank advancing two cents to 19.46 and Oversea-Chinese Banking Corp climbing four cents to 9.04. In the property sector, CapitaLand fell two cents to 4.15, Keppel Land dropped two cents to 3.49 and City Developments eased four cents to 11.40. Singapore Airlines moved up four cents to 14.70, and Singapore Telecom was two cents higher at 3.09.

Copyright Agence France-Presse, 2009

Comments

Comments are closed.