Singapore shares up by 5.2 per cent
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Mon, 05 Jan 2009 10:44:48 GMT |
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Singapore - Singapore shares rose by 5.2 per cent Monday but traders were wary of corporate performances with some listed companies having issued profit warnings and others reviewing investments in new projects. The Straits Times Index rose by 95.16 points, or 5.2 per cent, to close at 1,924.87. The Singapore Exchange closed with 385 gainers against 130 losers. Volume totaled 1,848.4 million shares. Monday's trade kept an upward price trend but corporate performances and reports of cancellation of planned investments were a major concern, analysts said.
Copyright DPA
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