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S'pore shares rebound 0.66%

Published on Jan 28, 2014 9:21 PM

SINGAPORE shares on Tuesday rebounded modestly after their recent falls.

The benchmark Straits Times Index (STI) was up 19.98 points or 0.66 per cent to 3,062.41, clawing back some of the 91.31-point loss in the previous three sessions.

There were lingering concerns over China's slowing growth and as the United States Federal Reserve geared up for a policy meeting.

But some fear was lifted after China trust fund company China Credit Trust Co said on Monday that it had made a deal to restructure a troubled financial product that it earlier sold.

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