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Market continues to recover from sell-off

Singtel bounces up from multi-year low; SGX perks up after India-related announcement

Published Mon, Feb 19, 2018 · 09:50 PM

FRESH off a rebound last week, regional markets were sprightly again on Monday, bumping Singapore's benchmark Straits Times Index up 44.37 points, or 1.3 per cent, to 3,487.88.

Cyclical counters like Venture (+2.7 per cent), Hi-P International (+9.5 per cent), Sembcorp Marine (+5.6 per cent) and Yangzijiang Shipbuilding (+5.8 per cent) saw the biggest gains.

Real estate investment trusts (Reits) also rose on speculation, su…

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