SINGAPORE: Shares kicked off the week on a higher note on Monday, reflecting gains on Wall Street last Thursday.
This was in spite of China’s retaliatory tariffs on US imports and disappointing Caixin Purchasing Managers Index – an indicator of conditions at small factories on the mainland.
After opening at 3,439.04, the Straits Times Index closed at 3,430.76, up 0.08 per cent, or 2.79 points, from Thursday. Volume was light, around 824.5 million shares traded, with Hong Kong and Australia markets still closed for Easter. There were 185 gainers to 226 losers.
