Singapore shares remained in the green on Wednesday, despite losses in the regional markets after the US reported a spike in inflation.
The Straits Times Index, a key benchmark for the Singapore Exchange, ranged between 4,119.58 and 4,132.61 throughout the day. It ended the session at 4,132.25, up 12.43 points or 0.3% compared to Tuesday's close.
In company news, shares of Tiong Seng^ were up over 7% at the close after it liquidated indirect wholly owned subsidiary, Tiong Seng (Tianjin) Project Management.
Mapletree Log Tr was up nearly 1%, with the trust completing the divestment of 31 Penjuru Lane in Singapore.
Meanwhile, Samko Timber logged an attributable profit to owners of 2.171 trillion Indonesian rupiah for six months ended June 30, from an attributable loss of 549.8 billion rupiah a year earlier.
STI up 0.3%; CityDev rose 6.3%; Olam rose 3%; Centurion rose 1.7%; Sembcorp rose 1.5%; Seatrium rose 1.4%; UOL rose 1.3%; Nio fell 2.3%.
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