Singapore stocks close 0.16 pct higher

Singapore stocks finished higher on Tuesday, with the benchmark Straits Times Index (STI) up 5.28 points, or 16 percent, to close at 3,316.50.

A total of 1.22 billion shares changed hands with turnover of 892.4 million Singapore dollars (656.2 million U.S. dollars).

Gainers outnumbered decliners 222 to 216, while 527 others finished unchanged.

The STI index gained 31.34 points, or 96 percent, to close at 3, 311.22 on Monday. Endi