Singapore stocks up 0.56% on Tuesday

Singapore shares rebounded on Tuesday after a global sell-off at the start of the week, rising 17.24 points or 0.56 per cent, to 3,104.71.

But it was a mixed day for Asian stocks as investors are feeling the jitters over the rising political tensions between Russia and Ukraine.

Tokyo rose 0.47 per cent, while Shanghai shed 0.18 per cent and Seoul gave up 0.54 per cent.

Hong Kong ended 0.7 per cent higher.

Some 3.2 billion shares worth $1.02 billion changed hands at home. Gainers outnumbered losers 283 to 141.

Penny stocks dominated the trading action, with Transcu topping the list, slipping 0.1 cent to 0.2 cents on a turnover of 587 million shares.

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