SGX Singapore Closing Market Update

SINGAPORE shares end higher on Monday.

The Straits Times Index gained 32.15 points to 3,423.35.

Some 1.31 billion shares, valued at S$1.29 bllion were traded. 

Gainers numbered 182 while losers numbered 261.

Forex Market Update

The dollar was higher against the yen in Asian trade Monday, with short covering and dip-buying kicking in to lift the greenback after it hit a two-week low.

The dollar USDJPY, +0.05%  was up to ¥117.68 compared with ¥117.41 late Friday in New York.

Among other currency pairs, the euro EURUSD, +0.17%  was at $1.1304 from $1.1300 and was at EURJPY, +0.23%  ¥133.13 from ¥132.69.

The WSJ Dollar Index BUXX, -0.02% a measure of the dollar against a basket of major currencies, was down 0.05% at 85.89.

Oil Market Update

Crude-oil futures fell about 3% in Asian trade Monday on strikes at U.S. refineries and sluggish manufacturing data from China.

On the New York Mercantile Exchange, light, sweet crude futures for March delivery CLH5, -2.07%   traded at $46.95 a barrel, down $1.24 in the Globex electronic session. Nymex crude lost 9.4% last month and has been down for seven consecutive months.

Brent crude for March delivery LCOH5, -1.91%  fell $1.31, or 2.5%, to $51.60 a barrel on London’s ICE Futures exchange.