Singapore stocks closed higher on Monday, with the benchmark Straits Times Index (STI) going up 0.02 percent, or 0.57 points, to close at 2,881.21.

A total of 3.27 billion shares changed hands with a turnover of 1.36 billion Singapore dollars (about 1.03 billion U.S. dollars). Losers outnumbered gainers by 245 to 219.

The STI index went down 0.97 percent, or 28.21 points, to close at 2,880.64 on Friday.