on the Singapore Exchange - potentially the largest listing in Singapore in a decade.
All three local banks were up in early trade. DBS rose S$0.12 or 0.5 per cent to S$25.56, UOB gained S$0.26 or 1.1 per cent to S$23.58, while OCBC advanced S$0.15 or 1.4 per cent to S$10.54 as at 9am.from the previous session's rout following mixed economic data. The market also welcomed new restrictions on trading in poorly-performing companies whose share prices had jumped massively, such as GameStop.
The Dow Jones Industrial Average finished 1 per cent higher at 30,603.36, the broad-based S&P 500 gained 1 per cent to 3,787.38, while the tech-rich Nasdaq Composite Index advanced 0.5 per cent to 13,337.16.following the bounce in US equities, while gains in airlines and upbeat earnings reports drove a reversal of early losses across markets. After falling as much as 2 per cent in morning trade, the pan-European Stoxx 600 closed 0.