ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
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.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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