Singapore shares rose slightly, led by CapitaLand after the biggest property developer in Southeast Asia posted strong first-quarter results.

The Straits Times index was up 0.2% at 3354.34, its highest since early 2008, matching the rise in the MSCI’s broadest index of Asia-Pacific shares outside Japan.

CapitaLand shares - the top-traded stock by value in Singapore on Monday - jumped as much as 3.3% to $3.77, their highest since March 7. Nearly 15 million shares were traded, 1.2 times the average full-day volume over the past 30 days.

Shares of Genting Singapore PLC rose for the fourth consecutive session, jumping as much as 2.6% to $1.56. Genting was the second-most actively traded stock by value in Singapore. More than 29 million shares changed hands, 1.5 times the average full-day volume over the past 30 days.

Genting shares had gained more than 12% since news broke last week that Japan’s casino lobby was in a legalisation push -- a move that could potentially open up a huge market for casino operators including Genting.

Aussino Group shares plunged by more than half after the Singapore Exchange rejected its application for a $70 million reverse takeover deal with a company linked to a Myanmar tycoon who is on the U.S. sanction list.