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Singapore market cap hits 21-month high at S$954b at end of Q1

Total market cap up by 12.6 per cent from a year ago

Published Fri, Mar 31, 2017 · 09:50 PM

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    Singapore

    THE market value of Singapore-listed stocks ended the first quarter of 2017 at a 21-month closing high, rising for the fifth straight month to finish at S$954.4 billion.

    Buoyant stock prices, as seen in the Straits Times Index's 2.5 per cent month-on-month climb, lifted total market capitalisation by 2.6 per cent versus February, and by 8.5 per cent quarter-on-quarter. Compared to a year ago, total market cap increased by 12.6 per cent.

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