'Risk-on' after Trump victory still in force

THE "risk-on" rally in equities inspired by Donald Trump's win in the Nov 8 US presidential election continued into its second week, helped along by firmer oil prices and expectations of a stronger US economy under Mr Trump.

The Straits Times Index over the five days gained 21 points or 0.7 per cent at 2,859.33, of which 15.61 points came on Friday, largely courtesy of rises in…