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Singapore stocks index hits nearly 2.5-year high, buoyed by financials

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[SINGAPORE] Singapore stock index hit its highest in nearly 2-1/2 years in morning trade on Tuesday, pushed up by the country's top lenders.

The index rose as much as 0.92 per cent to 3,412.94, its highest since May 2015.

DBS Group, Oversea-Chinese Banking Corp and United Overseas Bank added most to the gains, rising between 1 per cent and 2.9 per cent.

Keppel Corp rose 1.5 per cent.

REUTERS

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