Singapore Stocks Move Up at Midday - Olam Boosts ~ Stock Picks

Singapore shares inched higher by midday, buoyed by gains in commodity firm Olam International Ltd and in line with other Asian bourses on optimism for progress in resolving the U.S. budget crisis.
The benchmark Straits Times Index rose 0.3 percent to 3,166.66 points, while the MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent.