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Singapore share prices rose today

Tuesday, 5 February 20130 comments

on market news - Singapore share prices rose today : Singapore share prices ended 0.75% lower on Tuesday, in line with a broad-based regional selloff after fresh eurozone political concerns weighed Wall Street and European markets on Monday.

Spain was tackling a corruption scandal, as Prime Minister Mariano Rajoy denied allegations he received secret cash payments. In Italy, former Prime Minister Silvio Berlusconi pledged to turn back conservative fiscal policies if he is returned to power in upcoming elections.

Singapore's blue-chip Straits Times Index (STI) fell 24.71 points to end at 3,272.66. In the broader market, 3.57 billion shares changed hands. Losers outnumbered gainers 364 to 131.

Commodity shares, which tend to be hurt by risk aversion, were among the losers, with Noble shedding 1.2% to S$1.205, Olam falling 0.6% to S$1.62 and Wilmar losing 1.6% to S$3.79.
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