Home THE DAILY EDGE Business Singapore stock index crosses 3,000 level, led by NOL
Singapore stock index crosses 3,000 level, led by NOL

Tags: DBS Group | Neptune Orient Lines

Written by Reuters   
Wednesday, 14 April 2010 12:46
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Singapore shares rose to their highest level since June 2008 on Wednesday, following stronger-than-expected first quarter economic growth, helped by gains in shipper Neptune Orient Lines (NEPS.SI) and top lender DBS Group. 
 
Around 0353 GMT, the Straits Times Index (.FTSTI) traded at 3000.90 points, up 0.99 % from Tuesday's close and above the psychological 3,000 level. 
 
Singapore earlier on Wednesday said the economy expanded by a bigger-than-expected 32.1% on a seasonally adjusted annualised rate in the first quarter, the highest since records began in 1975. 
 
 
 
 
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Singapore stock index crosses 3,000 level, led by NOL
Wednesday, 14 April 2010

Last Updated on Wednesday, 14 April 2010 12:49