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ST Index extends gains for 7th session

Market buoyed by strong local earnings, upbeat sentiment from Japan's LDP landslide win and Trump's tax-cut plan

Published Mon, Oct 23, 2017 · 09:50 PM

SINGAPORE shares started out strong on Monday, hitting an intraday record high for the first time in over two years before shedding some gains but managed to extend the rally for the seventh straight session.

In the first 30 minutes of trading, the benchmark Straits Times Index (STI) hit 3,360.95 before erasing some of the gains.

Still, the STI added 9.07 points or 0.27 per cent to close at 3,349.80, buoyed by strong local earnings and the upbeat sen…

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