Singapore Shares Close in Red; Nio Falls 5.3%

MT Newswires

2024-10-21

Singapore's stock market plunged on Monday despite weekend gains in global markets, buoyed by the European Central Bank's decision to cut interest rates.

The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,612.02 and 3,640.28 throughout the day. It ended the session at 3,614.58, down 25.61 points or 0.7% compared to Friday's close.

In company news, shares of TalkMed surged over 12% after a filing disclosed that the company is currently in discussions with a group of individuals considering to acquire a stake in the medical services provider.

Sunrise Shares shares plunged over 4% after the Singapore Exchange reprimanded the company's former chief executive officer, Liang Yongdong, former chairman, Wong Siu Fai, as well as three directors for breaching certain Catalist rules.

Meanwhile, shares of CityDev were up nearly 1% at the close after the real estate developer sold 292 units from its Norwood Grand project at an average selling price of SG$2,067 per square foot.

Nio fell 5.3%; ST Engineering fell 2.1%; DBS fell 1.4%; Singtel, Yoma Strategic fell 1.2%.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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It ended the session at 3,614.58, down 25.61 points or 0.7% compared to Friday&#39;s close.</p><p>In company news, shares of <a href=\"https://laohu8.com/S/5G3.SI\">TalkMed</a> surged over 12% after a filing disclosed that the company is currently in discussions with a group of individuals considering to acquire a stake in the medical services provider.</p><p><a href=\"https://laohu8.com/S/581.SI\">Sunrise Shares</a> shares plunged over 4% after the Singapore Exchange reprimanded the company&#39;s former chief executive officer, Liang Yongdong, former chairman, Wong Siu Fai, as well as three directors for breaching certain Catalist rules.</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/C09.SI\">CityDev</a> were up nearly 1% at the close after the real estate developer sold 292 units from its Norwood Grand project at an average selling price of SG$2,067 per square foot.</p><p>Nio fell 5.3%; ST Engineering fell 2.1%; DBS fell 1.4%; Singtel, Yoma Strategic fell 1.2%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5e185c09fede1df21d93e2d7dafe116b\" tg-width=\"385\" tg-height=\"735\"/></p><p></p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地產股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2477311608","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477311608","pubTimestamp":1729506222,"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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