KUALA LUMPUR (NewsRise) -- Singapore's stocks rose for a third consecutive week, as heavyweight banking shares extended gains amid expectations of higher U.S. interest rates.
Singapore's FTSE Straits Times index rose 1.1% to 3,025.07 on Friday, to end the week 2.1% higher. The index is trading its highest levels in 14 months, comfortably closing the week above the psychologically important 3,000 level.