Straits Times Index hits highest close since Nov 2010

SINGAPORE stocks surged to their highest levels in over two years today, as a mild regional rally spread to its shores.

This resulted in the benchmark Straits Times Index (STI) soaring 26.15 points, or 0.80 per cent, to 3,285.90.

Some 4.2 billion shares worth $1.7 billion were traded.

Today's close was the STI's best finish since November 2010, bringing it within touching distance of the key 3,300 mark.