Singapore shares edged higher on Monday, tracking gains in regional equities on strong global economic growth.
Asian shares extended rally following a surge in Wall Street, with the Dow closing at fresh record highs on Friday amid upbeat corporate earnings.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent, aiming for a 12th straight session of gains. It is up 8 percent for the year so far. Japan's Nikkei rose 0.5 percent as the yen eased a little, while South Korea notched a record, Reuters data showed.
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At 0520 GMT, the Straits Times Index advanced 0.6 percent or 21 points to 3,588. It ended 0.15 percent lower on Friday, taking the year-to-date gains to about 5 percent.
The city-state's top lenders Oversea-Chinese Banking Corp gained 1.2 percent while United Overseas Bank and DBS Group Holdings added 0.4 percent each.
Active stocks included, ISR Capital climbing 33 percent to S$0.01 while Imperium Crown jumped 8.6 percent to S$0.08 in afternoon trades.
Noble gained 2 percent amid reports the commodities trader has reached a deal with creditors to restructure its $3.5 billion debt.
About 1.3 billion shares worth S$696 billion changed hands, with gainers outnumbering losers 238 to 142.
