Singapore stocks snapped 5-day declines on Tuesday, tracking broader Asian shares as Wall Street recovered from two straight sessions of decline in the previous session.
In Asia, shares advanced after modest gains on Wall Street even as caution remained ahead of a meeting of central bankers.
Markets are focusing on the annual conference of global central bankers hosted by the Kansas City Federal Reserve Bank at Jackson Hole, Wyoming.
Fed Chair Janet Yellen and European Central Bank President Mario Draghi will be among the officials addressing the summit, which kicks off on Thursday.
At 0520 GMT, the Straits Times Index gained 0.63 percent or 20 points to 3,267. It ended 0.15 percent lower on Monday, taking the year-to-date gains to about 13 percent.
Construction services provider Jardine Matheson Holdings rose as much as 2.3 percent, while United Overseas Bank gained up to 1.2 percent.
CapitaLand rose about 1 percent after launching its US$300-million private equity fund to boost its real estate expansion in Vietnam .
Among the losers, TEE International fell as much as 7 percent after trading resumed on Tuesday following the outcome of a scheme meeting.
Catalist-listed SBI Offshore announced the departure of its Chief Executive Officer Chan Lai Thong, sending its shares down by as much as 7.5 percent.
About 917 million shares worth S$458 million changed hands, with gainers outnumbering losers 230 to 123.
