Singapore Shares Rally. STI Soars 5.4%; UOB, OCBC Bank up over 7%; DBS Group, Keppel up More Than 6%; SIA Engineering up 5.8%; SIA up 4.3%

MT Newswires

10 Apr

Singapore shares mirrored a revival by regional countries after US President Donald Trump decided to halt his reciprocal tariffs for 90 days but increased tariffs on China to 125%.

The Straits Times Index $(STI.SI)$, a key benchmark for the Singapore Exchange, ranged between 3,548.45 and 3,688.19 throughout the day. It ended the session at 3,577.83, up 184.14 points or 5.43% compared to Wednesday's close.

Sats, UOB, OCBC Bank up over 7%; DBS Group, Keppel up more than 6%; SIA Engineering up 5.8%; SIA up 4.3%.

In company news, United Overseas Bank surged over 7% at the close as the bank outlined plans to increase the charter capital of its Vietnam subsidiary to around SG$520 million.

Keppel has an average rating of overweight and mean price target of SG$8.30, according to analysts polled by FactSet.

Singapore Airlines (SIA) investors react positively to the company's recent share buyback program. The national carrier's stock movement comes amid a generally upbeat market sentiment in Singapore.

shares of Oiltek International surged over 9% as the company proposed a bonus issue of up to 286,000,000 bonus shares.

Meanwhile, shares of CapitaLand Investment were up over 4%, as its lodging business unit, The Ascott, outlined plans to double its Indian portfolio to 12,000 units by 2028.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2526532641"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2526532641\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2526532641?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-10 18:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2526532641","market":"sg","top_or_hot":-1,"title":"Singapore Shares Rally. STI Soars 5.4%; UOB, OCBC Bank up over 7%; DBS Group, Keppel up More Than 6%; SIA Engineering up 5.8%; SIA up 4.3%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore shares mirrored a revival by regional countries after US President Donald Trump decided to halt his reciprocal tariffs for 90 days but increased tariffs on China to 125%.</p><p>The Straits Times Index <a href=\"https://laohu8.com/S/STI.SI\">$(STI.SI)$</a>, a key benchmark for the Singapore Exchange, ranged between 3,548.45 and 3,688.19 throughout the day. It ended the session at 3,577.83, up 184.14 points or 5.43% compared to Wednesday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/04d3741132c0207c575ec0cba7bca835\" tg-width=\"560\" tg-height=\"240\"/></p><p>Sats, UOB, OCBC Bank up over 7%; DBS Group, Keppel up more than 6%; SIA Engineering up 5.8%; SIA up 4.3%.</p><p>In company news, <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank</a> surged over 7% at the close as the bank outlined plans to increase the charter capital of its Vietnam subsidiary to around SG$520 million.</p><p><a href=\"https://laohu8.com/S/BN4.SI\">Keppel</a> has an average rating of overweight and mean price target of SG$8.30, according to analysts polled by FactSet.</p><p><a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> (SIA) investors react positively to the company&#39;s recent share buyback program. The national carrier&#39;s stock movement comes amid a generally upbeat market sentiment in Singapore.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cd6a4e2200116529f24d905a8a8c6f24\" tg-width=\"465\" tg-height=\"709\"/></p><p>shares of <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International surged over 9% as the company proposed a bonus issue of up to 286,000,000 bonus shares.</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/9CI.SI\">CapitaLand Investment</a> were up over 4%, as its lodging business unit, The Ascott, outlined plans to double its Indian portfolio to 12,000 units by 2028.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Rally. STI Soars 5.4%; UOB, OCBC Bank up over 7%; DBS Group, Keppel up More Than 6%; SIA Engineering up 5.8%; SIA up 4.3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Rally. STI Soars 5.4%; UOB, OCBC Bank up over 7%; DBS Group, Keppel up More Than 6%; SIA Engineering up 5.8%; SIA up 4.3%\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\">2025-04-10 18:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares mirrored a revival by regional countries after US President Donald Trump decided to halt his reciprocal tariffs for 90 days but increased tariffs on China to 125%.</p><p>The Straits Times Index <a href=\"https://laohu8.com/S/STI.SI\">$(STI.SI)$</a>, a key benchmark for the Singapore Exchange, ranged between 3,548.45 and 3,688.19 throughout the day. It ended the session at 3,577.83, up 184.14 points or 5.43% compared to Wednesday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/04d3741132c0207c575ec0cba7bca835\" tg-width=\"560\" tg-height=\"240\"/></p><p>Sats, UOB, OCBC Bank up over 7%; DBS Group, Keppel up more than 6%; SIA Engineering up 5.8%; SIA up 4.3%.</p><p>In company news, <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank</a> surged over 7% at the close as the bank outlined plans to increase the charter capital of its Vietnam subsidiary to around SG$520 million.</p><p><a href=\"https://laohu8.com/S/BN4.SI\">Keppel</a> has an average rating of overweight and mean price target of SG$8.30, according to analysts polled by FactSet.</p><p><a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> (SIA) investors react positively to the company&#39;s recent share buyback program. The national carrier&#39;s stock movement comes amid a generally upbeat market sentiment in Singapore.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cd6a4e2200116529f24d905a8a8c6f24\" tg-width=\"465\" tg-height=\"709\"/></p><p>shares of <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International surged over 9% as the company proposed a bonus issue of up to 286,000,000 bonus shares.</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/9CI.SI\">CapitaLand Investment</a> were up over 4%, as its lodging business unit, The Ascott, outlined plans to double its Indian portfolio to 12,000 units by 2028.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526532641","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526532641","pubTimestamp":1744279639,"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. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore shares mirrored a revival by regional countries after US President Donald Trump decided to halt his reciprocal tariffs for 90 days but increased tariffs on China to 125%.The Straits Times In","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"新加坡股市上涨。海指飙升5.4%；大华银行、华侨银行涨超7%；星展集团、吉宝涨超6%；新航工程上涨5.8%；新航上涨4.3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":1.1},"content_text":"Singapore shares mirrored a revival by regional countries after US President Donald Trump decided to halt his reciprocal tariffs for 90 days but increased tariffs on China to 125%.The Straits Times Index $(STI.SI)$, a key benchmark for the Singapore Exchange, ranged between 3,548.45 and 3,688.19 throughout the day. It ended the session at 3,577.83, up 184.14 points or 5.43% compared to Wednesday's close.Sats, UOB, OCBC Bank up over 7%; DBS Group, Keppel up more than 6%; SIA Engineering up 5.8%; SIA up 4.3%.In company news, United Overseas Bank surged over 7% at the close as the bank outlined plans to increase the charter capital of its Vietnam subsidiary to around SG$520 million.Keppel has an average rating of overweight and mean price target of SG$8.30, according to analysts polled by FactSet.Singapore Airlines (SIA) investors react positively to the company's recent share buyback program. The national carrier's stock movement comes amid a generally upbeat market sentiment in Singapore.shares of Oiltek International surged over 9% as the company proposed a bonus issue of up to 286,000,000 bonus shares.Meanwhile, shares of CapitaLand Investment were up over 4%, as its lodging business unit, The Ascott, outlined plans to double its Indian portfolio to 12,000 units by 2028.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}