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%.