Singapore shares rose by by midday on Monday, helped by better-than-expected jobs data from the United States that pushed most Asian bourses higher.
Commodities firm Noble Group outperformed the broader market, lifted by hopes of an earnings rebound and buzz generated by a planned merger involving industry giants Glencore International and Xstrata Plc.
Commodities firm Noble Group outperformed the broader market, lifted by hopes of an earnings rebound and buzz generated by a planned merger involving industry giants Glencore International and Xstrata Plc.
By 1:00 p.m., the Straits Times Index was up 1.2%, or 35.52 points, at 2,953.47. Some 1.77 billion shares worth $1.1 billion were traded, compared with 1.96 billion shares worth $883.6 million at the same time on Friday.
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