S'pore market cap rebounds, rising 2.1% to S$821.9b in Feb

Singapore

SINGAPORE stocks staged a rebound in February as the total value of the market grew 2.1 per cent month-on-month to S$821.9 billion.

Coming off a shaky January, however, the total market capitalisation of Singapore-listed stocks remained 16.1 per cent down from a year ago and 4 per cent lower year-to-date.

Gainers outnumbers losers 322 to 286, or about eight up for every seven down.

The stocks of the Straits Times Index (STI) benchmark slightly underperformed the rest of the market, gaining by just 1.9 per…