Singapore - Singapore shares continued their upward trend Wednesday, rising by 3.8 per cent.

The Straits Times Index rose by 3.8 per cent, or 67.12 points, to close at 1,821.70 as share prices regained recent losses, though the economic outlook remained bearish.

The Singapore Exchange closed with 350 gainers against 152 losers in heavy trading, with volume totalling 1,782 million shares.

Analysts and economists continued to project a bearish Singapore economic outlook for next year with the current quarter already showing slowing economic growth. (dpa)