A file photo of the SGX Centre in Singapore. — Bloomberg
Singapore shares jumped to a 17-year high on Tuesday, powered by a rally in index heavyweight financials, as the city-state ramps up efforts to revive its stock market.
The Straits Times Index, comprising 30 biggest companies in the city-state, rose as much as 0.9% to touch a level unseen since November 2007. It has gained 16% so far this year, outperforming most of its rivals in the region.
