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Stocks

Singapore shares rise to highest in more than two years, Malaysian stocks decline

ComfortDelGro jumps after joint venture pact with Uber

KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose to their highest since May 2015 on Monday after an upbeat U.S. jobs data bolstered demand for risk assets. ComfortDelGro rallied after announcing a tie-up with Uber Technologies.

Malaysian equities ended lower, as an upcoming rejig of the benchmark index continued to weigh on IJM Corp. and British American Tobacco Malaysia.

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