The benchmark Straits Times Index (STI) gained 1.1% to 2,510.56 points from last week’s 2,483.01 points.

The increase comes on the back of further growth in Singapore’s manufacturing activity and Purchasing Manager’s Index (PMI) in August.

See: Singapore's factory activity continues growth trend for third month in August

On Monday afternoon (Oct 5), shares in CapitaLand Limited, Keppel Corporation, SATS Limited, Singapore Airlines and Singapore Telecommunications (Singtel) rose 2.2%, 4.8%, 8.6%, 1.8% and 2.4% week-on-week respectively.

Keppel Corporation on Sept 29 reaffirmed its Vision 2030 and revealed its plans for its offshore & marine business.

See also: Keppel Corporation reaffirms Vision 2030, announces strategic review of its offshore & marine business

On Oct 1, CapitaLand Limited launched its sustainability master plan for 2030 on Oct 1, while Singtel announced the retirement of its group CEO Chua Sock Koong and the appointment of its new group CEO, Yuen Kuan Moon.

See also: CapitaLand Limited launches 2030 sustainability master plan, aims to triple its sustainable finance portfolio to $6 bil and Singtel's Chua Sock Koong to retire; Yuen Kuan Moon to succeed as Group CEO

Singapore Airlines also unveiled plans to attract customers in the form of dining experiences in its Airbus A-380 cabins, as well as a behind-the-scenes tour and flight simulator experience at its training facility on the same day.

Shares in Wilmar inched up slightly at 0.5% w-o-w following the impending China IPO of its 99.99%-owned subsidiary Yihai Kerry Arawana (YKA).

Read all the STI watch articles here.

sti - THE EDGE SINGAPORE