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Singapore market cap up five months in a row

Total value of 748 SGX-listed companies rises to S$962.8b in April

Singapore

FOR the fifth month in a row, Singapore stocks gained ground, as the total value of 748 Singapore Exchange-listed companies rose to S$962.8 billion in April, edging up 0.9 per cent from S$954.4 billion in March.

Compared to a year ago, April's market capitalisation rose 13.6 per cent, according to data compiled by The Business Times. In the corresponding period in 2016, the market cap stood at S$847.8 billion.

Meanwhile, the benchmark Straits Times Index (STI) closed at 3,175.44 on Friday,...

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