Singapore shares close up 1% on Monday; STI back at pre-correction levels

THE Straits Times Index crossed the 3,600-mark on Monday, returning to where it was before the global market correction hit in late January.

It finished higher by 36.72 points, or 1.03 per cent, at 3,613.93.

Across the bourse, 2.18 billion shares worth S$1.62 billion were traded.

Gainers beat losers 252 to 162, or three up for every two down.

DBS Group Holdings closed at a fresh high of S$30.84, up by S$0.84 or 2.8 per cent, after reporting a first-quarter net profit of S$1.52 billion.

Meanwhile, Valuetronics saw some improvement after its recent two-day tumble of 25 per cent.

It added S$0.105, or 15.44 per cent, to S$0.785, on a volume of 17.85 million shares.