STI closes 0.4% higher at 2,856.95

SINGAPORE (Sept 22): Singapore stocks ended Friday and the week higher at 2,856.95, as a global stock rally associated with central bank policy decisions petered out and large-caps ended mixed, with many unchanged.

Hongkong Land gained 2.1% to $7.15 while Jardine Cycle & Carriage closed 40 cents higher at $43.22. Hutchison Port Holdings Trust lost 1.1% to 2 US cents while UOL lost 0.7% to $5.64.

In the broader market, some 1 billion shares valued at $820 million were traded during the session. Gainers edged out losers 188 to 184.

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