Singapore shares rose on Thursday—STI climbed 0.3%

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Singapore shares rose on Thursday—STI climbed 0.3%
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73 stocks advanced against 48 decliners, with 45.7 million securities worth S$66.1 million exchanged within the first hour of trading.

Singapore shares rose on Thursday, Aug 15, following a positive performance in the US and European markets overnight.

In the broader market, Singtel shares also increased by 0.7%, or S$0.02, to S$2.93 on a volume of 1.5 million shares. On Thursday, the telecommunications giant reported a 42.9% jump in net profit for the first quarter, reaching S$690 million, up from S$483 million a year earlier.

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