ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

Singapore shares recoup two-day loss, Malaysia also rise

Overnight rally on Wall Street, higher oil prices boost sentiment

KUALA LUMPUR (Nikkei Markets) -- Singapore shares Tuesday recouped all of its losses over the past two sessions and Malaysia stocks also rose thanks to a strong overnight rally in U.S. equities and rising oil prices.

The Straits Times Index ended 1.2% higher at 3071.10, while the FBM KLCI closed 0.2% higher at 1740.59. Yangzijiang Shipbuilding (Holdings) climbed 4% to lead gainers on the Singapore benchmark, while Genting Malaysia was the KLCI's biggest winner after rising 3%.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more