Singapore stocks open higher on Monday; STI up 0.9%

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SINGAPORE stocks started the week on a stronger note, reversing last week's decline, amid gains across the region on Monday morning. Read more at The Business Times.

on Friday on disappointment over the lack of progress on a US stimulus bill. Major indices concluded a choppy week of trading modestly lower following the session, but remained near all-time highs.

The Dow Jones Industrial Average added 0.2 per cent at 30,046.37. The broad-based S&P 500 declined 0.1 per cent to 3,663.46, while the tech-rich Nasdaq Composite Index shed 0.2 per cent to 12,377.87. In Asia, Tokyo stocks opened higher on Monday after the Bank of Japan's key business confidence survey showed improvement for the second straight quarter.

The benchmark Nikkei 225 index was up 0.34 per cent or 90.45 points at 26,742.97 in early trade, while the broader Topix index edged up 0.43 per cent or 7.62 points to 1,789.63.BT is now on Telegram!

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