6:04 PM
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Singapore shares hit a five-week intraday high, led by property and commodities firms such as Wilmar International Ltd and CapitaLand Ltd as risk appetite returned after the U.S. Federal Reserve announced a new securities-buying programme last week.
At 0453 GMT, the Straits Times Index's was up 0.3 percent at 3,078.53 points, and the MSCI Asia Pacific ex-Japan was up 0.2 percent.
Palm oil firm Wilmar rose 2.2 percent to S$3.31, extending its gains on Friday after its first share buyback, signalling the management's confidence in its business.
Developers City Developments Ltd gained 2.1 percent to S$11.64 and CapitaLand climbed 1.3 percent to S$3.22, while casino operator Genting Singapore rose 2.2 percent to S$1.41.
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