Singapore shares recovered to surge more than 1.5% on Thursday, mirroring regional gains, as investors were lifted by better-than-expected jobs data that lifted Wall Street overnight.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,414.81 and 4,485.50 throughout the day. It ended the session at 4,484.99, up 67.87 points or 1.5% compared to Wednesday's close.

Singtel up over 5%; SIA Engineering up 4%; YZJ Shipbldg, DBS up nearly 4%; Keppel up over 2%.

In IPO news, Coliwoo's (SGX:W8W) shares were down nearly 3% even after raising gross proceeds of SG$101 million from its oversubscribed initial public offering on the Singapore Exchange.

In corporate news, shares of DBS Group (SGX:D05) were up nearly 4% at the close despite its net profit for the third quarter of the year falling by 2% to SG$2.95 billion from SG$3.03 billion a year earlier.

United Overseas Bank's (SGX:U11) shares slipped nearly 3% after its net profit fell 72% year over year to SG$443 million in Q3 from SG$1.61 billion a year earlier.

Meanwhile, CapitaLand Investment's (SGX:9CI) total revenue for the nine months ended Sept.30 came in at SG$1.57 billion, while revenue per available unit grew 2% year over year, while overall occupancy was more that 90% as of Sept. 30.