Singapore shares rose on Friday as China evaluates an offer from US President Donald Trump to hold tariff talks.
The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,831.04 and 3,850.02 throughout the day. It ended the session at 3,845.14, up 12.63 points or 0.33% compared to Wednesday's close.
In company news, shares of GS Holdings (SGX:43A) were up nearly 3% at the close after the company received a listing and quotation notice from the Singapore Exchange in connection to its proposed acquisition of Octopus Distribution Networks.
iFast (SGX:AIY) shares were up over 1% after its unit, iFast Global Trust, secured a trust business license from the Monetary Authority of Singapore.
Meanwhile, shares of CSE Global (SGX:544) were up over 2% after its indirect wholly owned subsidiary, CSE Crosscom USA, acquired all the issued and outstanding equity interests of Chicago Communications.
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.