SINGAPORE stocks bounced back on Tuesday following a global stocks rout on Monday. After falling 3 per cent on Monday, the Straits Times Index advanced 8.85 points, or 0.27 per cent to 3,299.47 as at 9.04am.
Other active securities included Suntec Reit, which saw about 2.6 million units trade unchanged at S$1.80, and ComfortDelGro, which rose 0.39 per cent, or one Singapore cent to S$2.58.Active index stocks included UOB, which traded up 0.08 per cent, or two Singapore cents, at S$25.87, and DBS, which traded up 0.79 per cent, or S$0.21, at S$26.74.US and Europe stocks both fell in Monday trading sessions in the wake of US President Donald Trump's pledge to raise tariffs on Chinese goods.
Declining issues outnumbered advancing ones on the New York Stock Exchange by a 1.45-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favoured decliners.
Source: News Formal (newsformal.com)
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