STI snaps 4-day losing streak, up 0.22% in line with key regional indexes

Australia's S&P/ASX 200 rose by 0.66 per cent to 6,643.1 points after New South Wales relaxed some Covid-19 restrictions for upcoming Christmas on low new case numbers. Japan's Nikkei 225 Index climbed 0.33 per cent to 26,524.79, as investors went bargain hunting.

Over in Singapore, gainers outnumbered decliners 226 to 192 on the broader market, though on a much lower transaction value of S$826 million for 1.26 billion securities. Keppel Corporation was among STI top performers, having registered a 1.32 per cent gain to S$5.37. The conglomerate stands to pocket a gain of S$14.6 million from a proposed divestment of Keppel Bay Tower to Keppel Reit .

Riverstone lost some of its gains made a day ago as the Malaysia-based glove-maker shed 3.36 per cent to close at S$1.15. The most heavily traded counter was Asian Micro with 100.9 million shares changed hands, closing 75 per cent or 0.3 Singapore cent higher at 0.7 Singapore cent. The service provider of contract engineering assemblies and other support services to high technology industries is also invested in natural gas vehicle related businesses.For daily updates on weekdays and specially selected content for the weekend.

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