Market Update: STI ends higher as US drops SG travel advisory

The Straits Times Index rose on Monday trade, up by 36.44 points or 1.29% to close at 2,858.14.

Positive sentiment over the lifting of the US travel advisory for Singapore to risk level 1, the lowest possible, fiscal stimulus talks in the US, and the shipment of the first batch of COVID-19 vaccine to America continue to spill over the local bourse.

Top advancers were ComfortDelGro Corp up by 3.64%, CapitaLand Integrated jumped by about 3.35%, and SATS rose  by 0.11 points or 2.68%.

Wall Street trading was mixed at the start of the week. The DowJones Industrial index closed down by 0.62% at 29,861.55. The S&P 500 also went down by 0.44% to 3,647.49.

The NASDAQ Composite on the other hand, ended in green, up by 0.50% to 12,440.04.

Meanwhile, the London mid-cap index jumped as leaders in Britain and the European Union made a final decision to pursue Brexit trade negotiations, keeping the hopes that a deal can be made before the year-end deadline.

The FTSE 250 ended Monday's trade at 19,764.02 up by 0.72%. The Blue-chip index FTSE 100, however, closed lower by 0.23% at 6,531.83.