STI up 0.8%, outperforming regional indices
Among its constituents, City Developments is the biggest gainer while Dairy Farm International comes in last.
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THE Singapore market saw some gains on Tuesday (Apr 5) as US equities surged overnight following Elon Musk's Twitter stake announcement.
The benchmark Straits Times Index (STI) climbed 0.8 per cent or 28.04 points to 3,445.01. Gainers outnumbered losers 259 to 123 in the broader market, with 1.03 billion shares worth S$1.05 billion changing hands.
Regional markets saw more moderate gains, with Japan's Nikkei 225, Korea's benchmark Kospi and Indonesia's Jakarta Composite Index edging up 0.2 per cent, 0.05 per cent and 0.5 per cent respectively. The Kuala Lumpur Composite Index closed down 0.1 per cent.
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