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Singapore shares add 0.4% following positive Wall St earnings session

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Singapore shares add 0.4% following positive Wall St earnings session.

ASIAN markets were trading mildly higher on Thursday, in line with a US session that saw earnings beat consensus estimates.

South Korean markets have been underperforming global peers on the back of disappointing corporate earnings and a sluggish economy.That said, most markets in the region were given a boost by weak manufacturing figures from the eurozone, which added to hopes of a rate cut by the European Central Bank on Thursday.In Singapore, trading volume clocked in at 1.18 billion securities while total turnover came to S$1.05 billion.

Another Singapore-listed agri-business firm, Wilmar International, also saw active trading on Thursday, closing S$0.11 or 2.8 per cent up at S$4.08.

 

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