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Singapore stocks close higher on Tuesday, tracking Wall Street gains, STI up 0.7%

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LOCAL shares, along with other stock markets in Asia, took their cue from advances on Wall Street, and closed higher on Tuesday. Read more at The Business Times.

"The most comforting blanket for investors is that the macro outlook has not changed materially in recent weeks."

On the other end of the spectrum, Jardine Matheson Holdings was the biggest advancer for the day. The counter closed at US$58.83 on Tuesday, up 2.1 per cent or US$1.23. Tech names such as Venture Corporation, AEM Holdings and Nanofilm Technologies were also among the day's top advancers.

 

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