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Singapore stocks: STI resumes Monday afternoon up 0.1% on day

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SINGAPORE shares reversed course to resume trading in positive territory on Monday afternoon, with the Straits Times Index gaining 0.1 per cent or 3.27 points to 3,217.32 as at 1.05pm.

Gainers outnumbered losers 162 to 130, after about 458.4 million shares worth S$346.3 million changed hands. Among the most heavily traded by volume, Rex International gained 2.2 per cent, or 0.4 Singapore cent to 19 cents with 44.3 million shares traded, while Yangzijiang Shipbuilding slipped 2.7 per cent or three Singapore cents to S$1.10 with 15.9 million shares traded.

Financials were mixed in the afternoon trade. DBS shed 0.2 per cent or four Singapore cents to S$25.78, United Overseas Bank advanced 0.4 per cent or 10 cents to S$26.47, while OCBC Bank added 0.1 per cent or one cent to S$10.98. DBS and UOB, together with Standard Chartered Bank , had announced on Monday morning that they are providing a

 

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