MARKETS & INVESTING | Tim Charlton, Singapore

Market Update: Singapore shares end first trading week in the green

The Straits Times Index closed the first trading week of 2021 at 2,993.19 up by 86.22 points or 2.97%, extending its gains for a fifth day in a row.

For the week, STI went higher by 5.3%. Among the top gainers on Friday trade were CapitaLand Integrated Commercial Trust with 2.27% or S$0.06 gain, DBS up by 5.26% or S$1.37 increase, and Jardine C&C which went higher by S$0.95 or 4.79%.

On to Wall Street, most US stocks remained in the green. S&P 500 jumped by 20.89 points or 0.55% to 3,824.68 while Dow Jones Industrial ended higher by 0.18% or 56.84 points at 31,097.97.

NASDAQ also stepped up by 1.03% or 134.50 points to 13,201.98.

London's blue-chip index FTSE 100 also ended the week with gains, up by 0.24% or 16.30 points at 6,873.26. FTSE 250 also made an uptick by 0.26% or 54.38 points at 21,064.24. 

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