Shares advance, build on Monday's gains
Investors cheer easing of US-China trade tensions, eye accommodative central bank policies
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THE local benchmark continued to sail ahead on hopes of accommodative central bank policies, fiscal stimulus by governments and an easing of trade tensions between the US and China.
Singapore's Straits Times Index (STI) built on its positive start to the week, adding 7.50 points or 0.2 per cent to close Tuesday's session at 3,135.95.
Elsewhere in the Asia-Pacific, markets were mixed. Australia, Japan, Malaysia and South Korea ended higher. China and Hong Kong finished lower, as investors booked profits after the markets were given a lift by interest rate reform from China's central bank.
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