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STI up 24 points amid fresh easing hopes

Investors see another round of monetary easing by central banks to support global economy following Brexit outcome

Anita Gabriel
Published Mon, Jul 4, 2016 · 09:50 PM

SHARE prices on the Singapore bourse could have fared poorly on Monday by staying in a funk ahead of Wall Street's Independence Day holiday but instead, they gained a fair bit of ground over the fifth straight day of gains.

The key Straits Times Index (STI) rose 24.19 points or 0.85 per cent to 2,870.56 with investors expecting another round of easing measures by central banks to support the global economy in the wake of outcome of the Brexit vote.

Japan's Nikkei 225 was up 0.6 per cent, Hong Kong's Hang Seng advanced 1.3 per cent while China's Shang…

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