Singapore stocks close slightly higher after Macron wins French election

THE Straits Times Index managed a 7.25-point rise to 3,236.98 on Monday in response to the widely-expected news that Emmanuel Macron, the market's preferred choice for president of France, had won Sunday's runoff against his rival Marine Le Pen.

Overall trading was slightly firm with 250 rises versus 211 falls excluding warrants, while turnover was a decent 2.6 billion units worth S$1.34 billion.