Monday, April 2, 2012

STI up 0.13% at 3,014.22 by midday

Singapore shares edged higher by midday, as better-than-expected Chinese manufacturing data staved off some concerns over a hard landing in its economy.

The benchmark Straits Times Index was up 0.13% at 3,014.22, nearing a one-week high. The STI extended its gains on Friday, when it closed 14% higher for the first quarter.

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