Singapore shares closed higher on Monday, tracking strong gains in the US and European markets.
The benchmark Straits Times Index rose 0.34%, or 10.88 points, to end the day at 3,234.89. The index fluctuated between 3,222.32 and 3,251.15 throughout the trading session.
Pollux Properties' (SGX:5AE) shares surged 12% even after the company, through its sponsor Novus Corporate Finance, requested an extension for its annual general meeting and sustainability report deadline.
Keppel(SGX:BN4) also saw a slight increase of 0.27% after its infrastructure division proposed a 10-year extension on a capacity tolling deal for a gas turbine power plant.
Meanwhile, shares of Oxley Holdings (SGX:5UX) were up 3.5% after it repurchased a further 400,000 shares in the open market on Thursday SG$34,867, or SG$0.088 apiece.