SINGAPORE stocks have finally gained 21% from their March lows, as the city-state struggles to flatten the curve of the coronavirus pandemic amid the reopening of its economy.
The benchmark Straits Times Index advanced 3.3% on Wednesday, most in two months. This will make it one of the last major country gauges in Asia to enter a technical bull market, several weeks after its regional peers beat it to the punch. Property and banking stocks have been among the strongest gainers in the past month.
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