S'pore total market cap rises in November

Singapore

A SURGE of interest in banking stocks and a few initial public offerings have helped drive market value in Singapore further past the trillion-dollar mark over the past month.

With 748 companies, total market capitalisation on the Singapore Exchange edged up 0.2 per cent to S$1.016 trillion at the end of November, from S$1.014 trillion the month before - and this was despite there being more companies with market caps falling than rising - 393 vs 207.