18Jul

Singapore stocks in 3-day rally; STI increases 0.3% to 3,298.24

SGX

SINGAPORE stocks picked up for the third straight session on Monday, with the Straits Times Index (STI) including 0.33 for every penny or 10.81 focuses to close at 3,298.24

Gainers dwarfed failures 261 to 181, or around three up for each two down, after 2.3 billion offers worth S$1.3 billion changed hands.

Worldwide Logistic Properties remained a dynamic counter after a privatization offer risen before the end of the week. It shut at S$3.31, beneath the offer cost of S$3.38 per share yet up 0.6 for every penny or two Singapore pennies on the day.

DBS Group Holdings rose 1.6 for each penny or 34 Singapore pennies to end at S$21.44, while OCBC Bank expanded by 0.4 for every penny or four Singapore pennies to complete at S$11.09.

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