Singapore Shares Extend Gains as US-Iran Negotiate Peace Framework

MT Newswires

06/24

Singapore shares remained in the green on Wednesday as investors assessed the details of peace negotiations between the US and Iran.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,198.65 and 5,232.19 throughout the day. It ended the session at 5,215.99, up 10.25 points or 0.2% compared to Tuesday's close.

On the corporate front, shares of TrickleStar (SGX:CYW) were up nearly 3% at the close as it issued and allotted 678,243 new shares pursuant to awards vested under its performance share plan.

Singtel's (SGX:Z74) shares closed over 1% higher as its Australian subsidiary, Singtel Optus, priced SG$200 million of 10-year fixed-rate bonds.

Meanwhile, Ho Bee Land (SGX:H13) priced SG$150 million worth of 3.30% fixed rate green bonds due on June 30, 2031.

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