STI ends week 6.39% higher despite Friday's fallback

SINGAPORE stocks eased on Friday after torrid gains during the previous trading session, despite strong advances in key global indices.

The S&P 500 pushed 1.95 per cent higher overnight to 3,510.45, as each morsel of information about the close-run US elections was analysed in real time.

Supporting bullish sentiment were brightening prospects for Democrats in the US Senate races, which could mean less political gridlock in the event Joe Biden eventually wins the presidency.