(RTTNews) – The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 15 points or 0.6 percent. The Straits Times Index now sits just above the 2,515-point plateau and it may add to its winnings on Tuesday.
The global forecast for the Asian markets is upbeat as Donald Trump’s release from the hospital cuts into the uncertainty surrounding the U.S. political scene. The European and U.S. markets were up and the Asian bourses are tipped to follow suit.
The STI finished modestly higher on Monday following gains from the financial shares, property stocks and industrial issues.
For the day, the index gained 21.12 points or 0.85 percent to finish at 2,517.23 after trading between 2,504.89 and 2,522.40. Volume was 1.09 billion shares worth 992 million Singapore dollars. There were 225 gainers and 182