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

Markets across major Asian bourses also post strong gains.

Anita Gabriel

Anita Gabriel

Published Tue, May 19, 2020 · 09:50 PM
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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 l…

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No market cheer for China data; STI down 1.2%
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