Singapore Shares Surge as US Trade Deal Hopes Intensify; mDR Soars 28%

MT Newswires

Jul 01, 2025

Singapore shares recovered to surge on Tuesday, crossing the 4,000 mark during the day, mirroring regional gains amid renewed optimism over the possibility of a trade deal with the US.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,968.57 and 4,001.00 throughout the day. It ended the session at 3,989.76, up 25.47 points or 0.64% compared to Monday's close.

In company news, shares of mDR (SGX:Y3D) surged over 28% at the close with the company proposing a renounceable non-underwritten rights cum warrants issue of up to 1,160,147,026 shares at SG$0.03 per share with up to 5,800,735,130 free detachable listed warrant.

17Live (SGX:LVR) was down over 3% after the company issued and allotted 352,439 shares under its employee share option scheme.

Meanwhile, shares of Nordic Group (SGX:MR7) were up over 2% at the close with the company's net profit jumping 9% during the first quarter of the year to SG$4.5 million from SG$4.1 million a year earlier.

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It ended the session at 3,989.76, up 25.47 points or 0.64% compared to Monday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/405cbbd47535da0a232c8e7927e2b1d2\" tg-width=\"267\" tg-height=\"573\"/></p><p>In company news, shares of mDR (SGX:Y3D) surged over 28% at the close with the company proposing a renounceable non-underwritten rights cum warrants issue of up to 1,160,147,026 shares at SG$0.03 per share with up to 5,800,735,130 free detachable listed warrant.</p><p>17Live (SGX:LVR) was down over 3% after the company issued and allotted 352,439 shares under its employee share option scheme.</p><p>Meanwhile, shares of Nordic Group (SGX:MR7) were up over 2% at the close with the company&#39;s net profit jumping 9% during the first quarter of the year to SG$4.5 million from SG$4.1 million a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LVR.SI","symbol_name":"17LIVE GROUP","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2548925072","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548925072","pubTimestamp":1751364170,"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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