The Straits Times Index (STI) crossed 3,800 points, up some 1.3% for the day, to reach an intra-day high of 3,800.16 on Dec 3.
This was largely due to intra-day surges by constituents DBS Group Holdings D05 , Thai Beverage Y92 and Yangzijiang Shipbuilding BS6 , while other component stocks DFI Retail Group D01 and Sembcorp Industries U96 chipped in as well.
DBS shares, for one, reached an intra-day high of $43.73, 2.8% above its Dec 2 close price.
ThaiBev shares, meanwhile, reached an intra-day high of 60 cents, 4.3% above its Dec 2 close price.
Yangzijiang Shipbuilding shares notched an intra-day high of $2.70, 11.1% above its Dec 2 close price.
The STI opened at 3,780.62 on Dec 3, compared to a previous close of 3,751.35. While the Dec 3 trading day has yet to end, the index is already above its 52-week high of 3,757.97.
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Historically, the STI reached an all-time high of 3,906.16 in October 2007.
Ahead of the 1HFY2024 results season, shares of Singapore’s three local banks advanced in July, bringing the STI above the 3,400-mark for the first time in two years. The STI reached a six-year high on July 10.
While the STI fell the following month to the 3,200 level, it rebounded and crossed 3,600 points in late-September.
As at 3.48pm, the STI was at 3,791.51 points.
Chart: SGX
