STI extends gains, up 42 points on Wall Street rally, vaccine hope

THE Singapore bourse continued to trade on an optimistic path as sentiments were lifted by vaccine hopes and Wall Street's overnight rally.

The key Straits Times Index jumped 42.05 points or 1.66 per cent to finish at 2,581.33 on Tuesday.

Indices across major Asian bourses including Hong Kong, South Korea, Japan and Australia also posted strong gains. The market euphoria is unfolding as more economies ease restrictions that had led to one of the steepest downturns since the Great Depression.