Thursday, May 28, 2015Thursday, May 28, 2015

Singapore shares return to winning ways on upbeat US trade data

Published on Jan 8, 2014 6:47 PM

THE Singapore market jumped back to winning ways on Wednesday after upbeat trade data from the United States.

The benchmark Straits Times Index rose 29.77 points or 0.95 per cent to 3,150.65 as it snapped three sessions of declines.

The banks were among the index gainers. DBS Group Holdings jumped 33 cents or 1.9 per cent to $17.37 and United Overseas Bank increased 38 cents or 1.8 per cent to $21.10.

The gain in OCBC Bank was more muted - its shares rose only one cent or 0.1 per cent to $9.76.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!