Market gets off to a flying start

YOU name it, the market's got it. Singapore stocks of all shapes and sizes got off to a flying start in 2018, aided by positive manufacturing data from China and a continued weakening of the US dollar.

The benchmark Straits Times Index (STI) added 27.38 points to close at 3,430.30. About 1.49 billion shares worth S$924.5 million in total changed hands.

The STI is now just one major rally away from surpassing last year's intraday high of 3,469.36 points. Beyond that, the next target is 3,549.85 points, the post financial crisis high achieved in 2015.