Singapore Shares Close Higher on Thursday, STI up 0.4%
Dow Jones2022-04-21
Singapore's FTSE Straits Times Index rose 0.4% to close at 3348.46 amid gains in U.S. stock futures after Tesla announced stellar results. Tesla blew its 1Q results out of the water after the markets closed, which likely underpinned equities in Asia, Oanda said in an email.
REITs were among the STI's best performers. CapitaLand Integrated Commercial Trust rose 1.8% and Ascendas REIT advanced 1.4%.
Mapletree Commercial Trust added 1.6% after it said leasing momentum should pick up in the coming quarters.
Keppel REIT gained 1.7% after reporting an on-year rise in 1Q net property income.
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