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STI closes 1.7% higher at 2,851.74

Market Close

STI closes 1.7% higher at 2,851.74

PC Lee Published on Mon, Sep 05, 2016 / 5:28 PM GMT+8

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SINGAPORE (Sept 5): The Singapore market ended higher on Monday following positive cues from the Wall Street and the Asian markets.

As at 5.04pm, the key Straits Times Index (STI) was up 47.82 points or 1.7% at 2,851.74. About 1.16 billion shares valued at $932.7 million changed hands. Gainers outnumbered losers 278 to 133.

Among the STI component stocks, property counters were among the biggest gainers after the Monetary Authority of Singapore last week tweaked property financing rules to allow borrowers greater flexibility in managing their debts. City Developments was at the top, rising 4.9% to $8.96 while CapitaLand closed 2.9% higher at $3.16 and Global Logistic Properties was up 2.2% at $1.855.

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STI closes 1.7% higher at 2,851.74

Market Close

STI closes 1.7% higher at 2,851.74

Primary tabs

Error message

STI closes 1.7% higher at 2,851.74

Market Close

STI closes 1.7% higher at 2,851.74

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