Singapore shares surged on Monday, tracking gains across the region, with a rally in chip stocks indicating the likelihood of the US Federal Reserve cutting down the interest rate further by June.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,929.07 and 4,981.97 throughout the day. It ended the session at 4,960.83, up 26.42 points or 0.5% compared to Friday's close.

In economic news, Singapore's fixed asset investment commitments rose by 5.2% to SG$14.2 billion in 2025, compared to SG$13.5 billion a year earlier, according to data released by EDB Singapore.

On the corporate front, shares of Frasers Property (SGX:TQ5) were up nearly 6% at the close as its total unrecognized revenue in the fiscal first quarter ended Dec. 31, 2025, came in at SG$1.4 billion.

DBS Group's (SGX:D05) shares were down nearly 2% as the bank's attributable profit to shareholders fell 6% in the second half of 2025 to SG$5.21 billion from SG$5.55 billion a year earlier.

Meanwhile, shares of CapitaLand Investment (SGX:9CI) were up over 1% as its lodging business unit, The Ascott, signed 19,000 units across 102 properties in 2025.

STI up 0.5%; ST Engineering, Keppel up 4%; SGX, SATS, Yangzijiang Shipbuilding up 3%; UOL, SIA Engineering up 2%; SIA, Singtel up 1%.