February 04, 2012 -- Updated August 30, 2010 12:36 HKT
Singapore Stock Exchange Moving Higher
The key Straits Times Index gained 18.32 points to close at 2,957.06. Overall volume traded was 1.38 billion shares. In the broader market, gainers outnumbered losers 255 to 188.
But weakness in domestic property stocks tempered gains in the broader market, after Singapore government’s new curbs on property market speculation weighed on local property developers.
Among the property stocks, Allgreen Properties tumbled 7.0% to S$1.06, CapitaLand gave up 0.5% to end at S$3.98 and City Developments shed 4.2% to S$11.46.
Shayne Heffernan www.livetradingnews.com
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