The Straits Times
Published on Oct 02, 2012

US upbeat data drives Singapore market higher


Share prices on the local bourse rose, with the benchmark Straits Times Index ending the day higher by 21.28 points or 0.7 per cent to 3,079.14.

The rise was led by surprisingly upbeat manufacting data from the United States, signalling that the world's largest economy may be on the mend after a slew of weak indicators previously.

Gainers led losers 195 to 181 while 421 counters were unchanged. Turnover remained thin at 1.68 billion shares worth $993.2 million.