Singapore shares gain 1% on Wednesday as rally continues

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Singapore shares gain 1% on Wednesday as rally continues.

THE rally in Asian markets continued on Wednesday on the back of improving prospects of a US-China trade deal, even though IMF chief Christine Lagarde warned of slower growth in many economies.Trading clocked in at 1.83 billion securities, about 32 per cent more than the daily average over the first two months of 2019. Total turnover came to S$1.42 billion, 39 per cent over the January-to-February daily average. Advancers outnumbered decliners 245 to 190.

Going by value of trades done, DBS Group Holdings saw S$150.84 million traded - 13 per cent of the bourse's value of securities traded - across 5.82 million shares. The bank's shares closed S$0.66 or 2.5 per cent higher at S$26.73.

 

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