Singapore shares rose by midday on Tuesday, led by oil rig builders Keppel Corp and Sembcorp Marine as analysts said the two companies are well positioned to capture more orders.
At 1:00 p.m., the Straits Times Index was up 0.8%, or 22.28 points, at 2,713.56. Some 454.6 million shares worth $449.9 million were traded, compared with 575.7 million shares worth $353.1 million at the same time on Monday.
The market is expected to closely watch Italian and Spanish debt auctions this week for any signs of progress in the euro zone.
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