Singapore shares rose by midday on Wednesday after U.S. stocks advanced to a five-month high on hopes for strong corporate earnings, and rig builders extended gains on expectations of more orders.
By 1:00 p.m., the Straits Times Index (STI) <.FTSTI> was up 0.3%, or 7.15 points, at 2,726.98. About 529 million shares worth $583 million were traded, compared with 454.6 million shares worth $449.9 million at the same time on Tuesday.
By 1:00 p.m., the Straits Times Index (STI) <.FTSTI> was up 0.3%, or 7.15 points, at 2,726.98. About 529 million shares worth $583 million were traded, compared with 454.6 million shares worth $449.9 million at the same time on Tuesday.
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