Singapore stocks: STI resumes Tuesday afternoon at 3,139.35, up 0.4% on day

SINGAPORE shares resumed trading in positive territory on Tuesday afternoon, with the Straits Times Index rising 0.4 per cent, or 10.9 points to 3,139.35 as at 1.02pm.

Decliners outnumbered advancers 150 to 136, after about 814.5 million worth S$414.3 million changed hands. Among the most heavily traded by volume, Yangzijiang Shipbuilding fell 2.5 per cent, or 2.5 Singapore cents to 98.5 cents, with 29.5 million shares traded; while Rex International gained 2.6 per cent, or 0.2 Singapore cent, to eight cents, with 26.2 million shares traded.

Banking stocks were mixed, with DBS Group Holdings losing 0.08 per cent, or two cents, to S$24.73; United Overseas Bank slipped 0.4 per cent, or 10 cents, to S$25.05; and OCBC Bank gained 0.2 per cent, or two cents, to S$10.73.Other active stocks included CapitaLand which rose 2 per cent, or seven cents, to S$3.53; and Hongkong Land which added 1.9 per cent, or 11 cents, to US$5.87 on a cum-dividend basis.

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