He added that last week's worries about second wave of coronavirus infections seem to be overshadowed by the “robust reopening narrative”.
The top-performing STI counter for the day was the Singapore Exchange , which rose S$0.28 or 3.5 per cent to S$8.34. RHB Securities had on Tuesday maintained its “buy” call on SGX, with an unchanged target price of S$9.20. The research house is bullish on SGX’s move to acquire the remaining 80 per cent of cloud-based FX trading platform BidFX for about US$128 million in cash.Singtel remained among the most heavily traded counters from the start of trading, edging up S$0.01 or 0.
Elsewhere in the Asia-Pacific region, benchmark indices reversed yesterday’s losses to end the day higher.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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