A marginally firm session for the Dow futures or most of the day helped keep sentiment positive, the broad market recording 251 rises versus 159 falls, excluding warrants. The STI, however, weakened in the final minutes in tandem with a reversal in the Dow futures. It closed at 2,862.38, a net gain of 14.29 points for the day.
The actives list featured the likes of Ezra, Ezion, Loyz Energy, Cosco, Vallianz, Vard and AusGroup - all companies connected to the shipping and oil industries. Among index stocks, gains in the three banks were pivotal in pushing up the STI, bringing its five-day gain to 72 points or 2.6 per cent.
In the second line, shares of Noble Group rose for the second day after the battering they suffered when the company announced a rights issue. The counter's S$0.015 rise to S$0.265 on volume of 57.6 million made it the day's fourth most active stock.
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