Singapore Shares Slump Mirroring Global Losses. Boustead Singapore up 6%; Keppel up 1.6%; SGX up 1%; Seatrium, Centurion, IFast Down over 2%; SIA Down 1.3%

MT Newswires

06/13

Singapore shares tanked on Friday, tracking regional and global losses as markets were weighed down by Israel's attack on Iran earlier in the day.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,898.46 and 3,912.71 throughout the day. It ended the session at 3,911.42, down 10.78 points or 0.27% compared to Thursday's close.

Keppel up 1.6%; SGX up 1%; Seatrium, Centurion iFast down over 2%; SIA down 1.3%.

In company news, shares of Boustead Singapore were up over 6% at the close with the company considering selling its logistics and industrial real estate assets to a real estate investment trust to be listed on the Singapore Exchange.

Union Steel Holdings was down over 3% after it reduced its stake in Eneco Energy (SGX:R14) to 24% by selling 85 million shares to investors, Eric Low and Tank Hock Guan, for about SG$978,000.

Meanwhile, Boustead Singapore said it is considering selling its logistics and industrial real estate assets to a real estate investment trust to be listed on the Singapore Exchange. Its shares closed 3% lower Friday.

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Boustead Singapore up 6%; Keppel up 1.6%; SGX up 1%; Seatrium, Centurion, IFast Down over 2%; SIA Down 1.3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-06-13 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares tanked on Friday, tracking regional and global losses as markets were weighed down by Israel&#39;s attack on Iran earlier in the day.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,898.46 and 3,912.71 throughout the day. It ended the session at 3,911.42, down 10.78 points or 0.27% compared to Thursday&#39;s close.</p><p>Keppel up 1.6%; SGX up 1%; Seatrium, Centurion iFast down over 2%; SIA down 1.3%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2dcd678a930713567fa3b409f4d831cf\" tg-width=\"462\" tg-height=\"643\"/></p><p>In company news, shares of <a href=\"https://laohu8.com/S/F9D.SI\">Boustead Singapore</a> were up over 6% at the close with the company considering selling its logistics and industrial real estate assets to a real estate investment trust to be listed on the Singapore Exchange.</p><p><a href=\"https://laohu8.com/S/ZB9.SI\">Union Steel Holdings</a> was down over 3% after it reduced its stake in Eneco Energy (SGX:R14) to 24% by selling 85 million shares to investors, Eric Low and Tank Hock Guan, for about SG$978,000.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/F9D.SI\">Boustead Singapore</a> said it is considering selling its logistics and industrial real estate assets to a real estate investment trust to be listed on the Singapore Exchange. Its shares closed 3% lower Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6045","symbol_name":"建筑与工程","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2543507099","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543507099","pubTimestamp":1749808854,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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