Singapore shares edge up by midday

Singapore shares inched up by midday on Wednesday, with the benchmark Straits Times Index gaining 5.4 points, or 0.17 per cent, to 3,259.2 as at 12.30pm.

A total of 1.2 billion shares worth $442 million changed hands in morning trade.

Stocks that rose outnumbered those that fell 158 to 124, with 522 counters unchanged.

Among the top gainers was Jardine Cycle & Carriage, up 73 cents to $42.57, while top losers included DBS, which shed 10 cents to $16.67.