OEL rose 0.4 Singapore cent or 15.4 per cent to S$0.01 with 4.6 million shares traded. OEL on Wednesday announcedinto early childhood childcare and health education in Singapore, as well as the healthcare industry.
Banking stocks started the morning in positive territory. DBS rose 20 Singapore cents or 0.8 per cent to S$25.62, UOB rose 20 Singapore cents or 0.8 per cent to S$26.38 and OCBC Bank rose three Singapore cents or 0.3 per cent to S$11.05. Other active index securities included City Developments which fell two Singapore cents or 0.2 per cent to S$11.24 and Singtel, which dropped two Singapore cents or 0.6 per cent to S$3.32 after it posted aWall Street's rally overnight
as investor worries over the virus outbreak start to wane. The benchmark Dow Jones Industrial Average finished with a gain of 0.9 per cent at 29,551.42. The tech-rich Nasdaq rose 0.9 per cent to end at 9,725.96, and the broad-based S&P 500 increased by 0.7 per cent to 3,379.45.
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