Singapore shares rise more, tracking broad regional equity market strength amid receding Greece debt jitters. STI gains 0.7% at 2,771.20 at midday vs morning low of 2,749.74 with next resistance tipped at last month’s intraday high of 2,797.

“There’s a feeling that the Greece issue will ultimately be resolved, so the market may enjoy a little run early on this week,” a trader at local brokerage told Dow Jones Newswires.

Commodity plays leading blue chip gains after Wilmar (F34.SG) reports strong 4Q results and Chilean earthquake sends copper prices up; Olam (O32.SG) +2.5% at $2.49, Wilmar +2.3% at $6.65; Golden Agri (E5H.SG) +2.8% at $0.545.

Broad market volumes remain relatively light; gainers outnumber losers 239 to 141.