| |
SINGAPORE: Singapore share prices ended 0.6% higher on Monday, buoyed by indications from the Federal Reserve that it would continue to support US economic growth.
But weakness in domestic property stocks tempered gains in the broader market, after Singapore government's new curbs on property market speculation weighed on local property developers.
The key Straits Times Index gained 18.32 points to close at 2,957.06. Overall volume traded was 1.38 billion shares. In the broader market, gainers outnumbered losers 255 to 188.
Among the property stocks, Allgreen Properties tumbled 7.0% to S$1.06, CapitaLand gave up 0.5% to end at S$3.98 and City Developments shed 4.2% to S$11.46.
- CNA/ir
|
