Singapore shares close 1.4% up on Monday

SINGAPORE stocks finished 1.4 per cent higher on Monday, with the Straits Times Index rising 37.45 points to 2,800.87.

The bluechip index got a boost after poll results indicated that voters in Britain were leaning more towards remaining in the European Union, ahead of the June 23 Brexit referendum.

About 673.9 million shares worth S$798.1 million in total changed hands, which worked out to an average unit price of S$1.18 per share.

The most actively traded counter was Ezra Holdings, which rose S$0.002 to S$0.078 with 45.6 million shares changing hands. Other actives included Noble Group and Annica Holdings.

Gainers outnumbered losers 247 to 126, or about two up for every one down.