Singapore shares close higher on late bargain-hunting |
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Mon, 30 Jul 2007 10:31 |
SINGAPORE (Thomson Financial) - Singapore share prices closed higher on late bargain-hunting, particularly among property developers, following last week's sharp falls, but investors remain cautious on concerns that the correction in US markets may not be over.The Straits Times Index closed up 33.59 points or 1.0 percent at 3,526.29, after moving between 3,461.40 and 3,530.45 points.Volume traded was 2.82 billion shares worth 2.57 billion Singapore dollars.Gainers outpaced losers 459 to 440, with 724 counters unchanged.(1 US dollar = 1.51 Singapore dollars)TFN.Singapore@thomson.comys/jm/jb/jg/jb/jgCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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