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STI rises 0.6% on positive data, easing of lockdown measures

Index up 15.73 points to finish at 2,539.28; key gauges in Japan, Hong Kong and South Korea post modest gains.

Anita Gabriel

Published Mon, May 18, 2020 · 09:50 PM

SINGAPORE shares began the week on a positive note, buoyed by encouraging domestic data and as major economies started to gradually unwind full lockdown measures.

The key Straits Times Index rose 15.73 points or 0.62 per cent to finish at 2,539.28 on Monday. Elsewhere, key gauges in Japan, Hong Kong and South Korea posted modest gains.

Gold traded at its highest in seven years while crude oil surged to over US$30 a barrel for the first time since March.