KUALA LUMPUR (Nikkei Markets) -- Singapore shares posted their best weekly advance since January, helped by a rally in property developers and lenders, while Malaysian equities also rose over the last five days to snap a two-week losing run.
Singapore's FTSE Straits Times index rose 0.9% to 3,291.29 on Friday, taking its rally this week to 2.2%. UOL Group added 5.3% since last Friday, pacing gains for real estate developers. DBS Group Holdings led banking stocks higher, climbing 3.2% this week. On Friday, UOL Group was up 4.3% and DBS by 0.8%.