Singapore stocks close 0.52 pct higher

Singapore stocks finished higher on Wednesday, with the benchmark Straits Times Index (STI) up 16.01 points, or 0.52 percent, to close at 3,088.48.

A total of 3.25 billion shares changed hands with turnover of 1.47 billion Singapore dollars (1.04 billion U.S. dollars).

Gainers outnumbered decliners 299 to 187, while 595 others finished unchanged.

The STI index lost 39.16 points, or 1.26 percent, to close at 3,072.47 on Tuesday. Enditem