Singapore shares surged on Monday after incurring losses throughout the previous week, following US President, Donald Trump's decision to extend the tariffs implementation date.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,144.89 and 4,202.02 throughout the day. It ended the session at 4,197.23, up 43.40 points or 1.04% compared to Friday's close.

SingaporeLand up 5%; Yanlord Land up over 3%; Sembcorp Industries up nearly 3%; Singtel, Genting Sing up over 2%; ST Engineering, Seatrium up over 1%.

In company news, shares of Spindex Industries surged nearly 14% at the close with the company revealing that it was approached by a third party for a possible transaction of its shares.

ISOTeam was up over 7% after it agreed to acquire the remaining 49% stake in Zara @ ISOTeam from Chin Wai Tuck for SG$1.

Meanwhile, shares of Heeton Holdings were down nearly 2% at the close as it forecasted a net loss for the first half of the year.