Epic Research Singapore : Sgx Singapore News Update

Singapore shares scaled to an 11-month high on Monday, outpacing other regional markets as investors drew relief from upbeat US housing data that lifted Wall Street and due to easing geopolitical tensions in Ukraine.

The benchmark Straits Times Index rose 0.4 per cent to an intra-day high of 3,291.83, a peak not seen since June 2013, outstripping share markets in other Southeast Asian economies which saw moderate losses.

MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, up 0.03 per cent.

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