The Straits Times Index closed in the green reaching 3,000 level for the first time since March last year. The index went up by 22.49 points or 0.76% during yesterday's trading.
Positive initial data from the clinical trial of Johnson & Johnson's COVID-19 vaccine and the US stimulus package talks led the uptick of the local bourse.
Advancers outnumbering decliners, 276 to 203, with about 2.52-billion securities worth S$1.27-billion changing hands.
Some of the top gainers were City Developers with 3.71% or S$0.27 gain, UOL up by 2.46% or S$0.19, and DairyFarm which went higher by US$0.09 or 2.02%.
On Wall Street, US stocks were mixed as the House voted to impeach outgoing President Donald Trump for a historic second time.
The S&P 500 closed down 0.38% or 14.30 points at 3,795.54. The NASDAQ also lowered by 0.12% or 16.31 points to 13,112.64, while the Dow Jones Industrial had a downturn by 68.95 points or 0.22% to 30,991.52.
Meanwhile, London listed shares snapped their earlier losses as corporate earnings started to boost investor sentiment amid the rising cases of COVID-19 infection.
The FTSE 100 rose by 0.84% or 56.44 points at 6,801.96 while FTSE 250 ended higher by 0.77% or 159.44 points at 20,775.75.
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