Singapore shares were mostly higher, tracking broad gains in Asian markets, although sell-off in property shares were restraining STI’s advance. The benchmark gained 0.4% to 2,768.81 at midday after hovering in the tight 2,764–2,775 band entire morning, looking unlikely to test last week’s high of 2,797.
STI’s post-lunch performance is likely to be swayed by Singapore’s 2010 Budget announcement.
