SINGAPORE - Singapore shares closed 0.42 percent higher Thursday amid muted trading interest ahead of the year-end holidays, dealers said.
The blue-chip Straits Times Index ended 11.84 points higher at 2,808.18. Volume traded totalled 1.39 billion shares worth S$1.43 billion. There were 339 gainers, 131 losers while 780 issues were unchanged.
"The market is very quiet, the banks have been supporting the blue-chip index, but action in the second liners is subdued," said a local trader.
For the banks, DBS rose 16 cents to S$14.70, United Overseas Bank also increased by the same amount to S$19.88 while Oversea-Chinese Banking Corp added seven cents to S$8.70.
Singapore Airlines gained four cents to S$13.74 and Singapore Telecommunications was two cents higher at S$3.04.
Source: channelnewsasia.com/
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