
Singapore stocks continue rally; STI up 1%

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Singapore stocks rallied on Monday, with the Straits Times Index (STI) rising 1% to close at 5,077.29. Jardine Matheson and Yangzijiang Shipbuilding led gains among blue-chips, while Keppel DC REIT was the worst performer. Local banks also rose. Broader market sentiment was positive, with gainers outnumbering losers 435 to 196. Regional indices in Hong Kong, Japan, South Korea, and Malaysia also posted gains, buoyed by expectations of a US-Iran peace treaty.
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