Asian stocks rally on Tuesday, STI up 0.29%

📆 12/1/2020 6:32 AM
📰 BusinessTimes

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AGAINST the backdrop of positive vaccine developments and upbeat Chinese data, the benchmark Straits Times Index (STI) rebounded from the previous day's loss to close 0.29 per cent or 8.17 points higher at 2,814.12. Read more at The Business Times.

Despite news of the deferment of the launch of the Singapore-Hong Kong air-travel bubble, shares of SIA ended the day in the black, inching up 0.92 per cent or S$0.04 to close at S$4.38.

Advancers outnumbered decliners 250 to 197 for the day, with 2.35 billion securities worth S$1.34 billion changing hands. The Hang Seng Index jumped 0.86 per cent or 226.19 points to 26,567.68, and the benchmark Shanghai Composite Index rose 1.77 per cent or 60.18 points to close at 3,451.94.

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