Singapore shares up 0.67% on Tuesday, buoyed by Wall Street gains

Singapore stocks gained ground on Tuesday after a strong lead from Wall Street, with the local benchmark Straits Times Index up 21.7 points, or 0.67 per cent, to 3,277.53.

US shares rallied for a fifth straight session on Monday, boosted by robust financial results from firms such as Halliburton and Hasbro.

Several Asian bourses, however, ended the day lower.

Tokyo gave up early gains as the yen weakened against the dollar, with the Nikkei ending 0.85 per cent lower.

Hong Kong ended down 0.13 per cent.

CapitaMalls Asia (CMA) was among the most active stocks at home, rising two cents to $2.21 on a turnover of 117.6 million shares.

Parent CapitaLand said last week that it plans to buy up the remaining shares of CMA that it does not already own at $2.22 apiece, with a view to delisting the mall operator if it succeeds.