STI up 0.25%; Asia indices join global rally on hopes for Ukraine-Russia peace talks
Local index gains led by CapitaLand Integrated Commercial Trust, which climbed 1.79% to close at S$2.28.
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SINGAPORE shares extended gains into the third session of the week as investors welcomed prospects for a de-escalation of the war between Russia and Ukraine.
The benchmark Straits Times Index (STI) climbed 0.25 per cent or 8.71 points higher to 3,442.61 at the closing bell on Wednesday (Mar 30).
Shares in most Asian markets joined the global rally. Korea's benchmark Kospi went up 0.21 per cent, Hong Kong's Hang Seng Index added 1.39 per cent and the Jakarta Composite Index climbed 0.59 per cent. The Shanghai Composite Index closed 1.96 per cent higher while the Shenzhen Composite Index jumped 2.55 per cent.
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