Driven by the strong rise of stocks such as Xinke Engineering, the local stock market rebounded again to above 3,900 points. The Singapore Straits Times Index closed at 13.22 points or 0.34% on Monday (March 3), closing at 3908.92 points.

The local stock market had a total trading volume of 1.96 billion shares on Monday, with a total trading volume of 1.75 billion yuan. There were 308 rising stocks and 257 falling stocks.

In terms of the constituent stocks of the Sea Index, 18 rose, three remained flat, and nine fell.

The largest gains in the overseas index stocks were ST Engineering and Sembcorp Industries, up 8.50% and 3.78% respectively, closing at 5.87 yuan and 6.32 yuan.

The biggest declines were Genting Singapore and Urban Development (CDL), down 2.74% and 2.34% respectively, closing at 0.71 yuan and 5.00 yuan.

Further reading

Xinke Engineering's stock price rose 8.5% to record high

Xinke Engineering's stock price rose 8.5% to record high

Urban Development's stock price rebounded slightly to 4.93 yuan and fell to 3.71%.

Urban Development's stock price rebounded slightly to 4.93 yuan and fell to 3.71%.

Asia-Pacific stock markets are up and down. Tokyo stock market led the rise with a 1.7% increase, Sydney rose 0.9%, Shenzhen rose 0.33%, and Hong Kong rose 0.28%. Shanghai fell 0.12%, Taiwan fell 1.29%, and Seoul fell 3.39%.