Singapore stocks extend rally, tracking regional gains; STI up 0.9%

Across the broader market, gainers beat losers 386 to 185 Read more at straitstimes.com.

SINGAPORE - Singapore stocks ended higher on March 25, mirroring gains in regional indices.

The benchmark Straits Times Index (STI) rose 0.9 per cent or 42.11 points to finish at 4,904.54.

ST Engineering led the gainers on Singapore’s blue-chip barometer, advancing 2 per cent or $0.22 to $10.99. The index’s worst performer, meanwhile, was Keppel DC Reit, which fell 1.4 per cent or $0.03 to $2.19.

The three local banks ended higher. DBS gained 1 per cent or $0.55 to $57.18, OCBC rose 1.1 per cent or $0.23 to $21.39, and UOB was up 0.6 per cent or $0.23 at $36.59.

The iEdge Singapore Next 50 Index rose 0.7 per cent or 9.39 points to 1,440.39.

Frencken Group was the index’s top gainer, rising 10.3 per cent or $0.20 to finish at $2.15. First Resources was the biggest decliner, falling 3.7 per cent or $0.10 to $2.62.