Singapore Shares End Marginally Higher as Markets React to US Tech Slide

MT Newswires

Aug 20

Singapore shares closed marginally higher on Wednesday, with several US tech firms losing significant market share, as Asian markets closed mixed ahead of the highly anticipated speech on Friday by US Federal Reserve chair Jerome Powell.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,204.41 and 4,232.10 throughout the day. It ended the session at 4,219.54, up 3.35 points or 0.08% compared to Tuesday's close.

In company news, shares of Lum Chang Creations (SGX:LCC) surged nearly 9% at the close as the company projected a significant improvement in its profit before tax for the fiscal year ended June 30.

PC Partner Group's (HKG:1263, SGX:PCT) shares were down nearly 5% in Singapore, as its attributable profit to owners during the first half of the season increased 29% to HK$250.4 million from HK$194.1 million a year earlier.

Meanwhile, Astaka (SGX:42S) was down over 5% following the launch of a mixed-use development worth around 1.2 billion ringgit in Johor, Malaysia.

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/2560179302"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2560179302\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2560179302?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-20 17:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2560179302","market":"sg","top_or_hot":-1,"title":"Singapore Shares End Marginally Higher as Markets React to US Tech Slide","media":"MT Newswires","content":"<html><head></head><body><p>Singapore shares closed marginally higher on Wednesday, with several US tech firms losing significant market share, as Asian markets closed mixed ahead of the highly anticipated speech on Friday by US Federal Reserve chair Jerome Powell.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,204.41 and 4,232.10 throughout the day. It ended the session at 4,219.54, up 3.35 points or 0.08% compared to Tuesday&#39;s close.</p><p>In company news, shares of Lum Chang Creations (SGX:LCC) surged nearly 9% at the close as the company projected a significant improvement in its profit before tax for the fiscal year ended June 30.</p><p><a href=\"https://laohu8.com/S/PCPPF\">PC Partner</a> Group&#39;s (HKG:1263, SGX:PCT) shares were down nearly 5% in Singapore, as its attributable profit to owners during the first half of the season increased 29% to HK$250.4 million from HK$194.1 million a year earlier.</p><p>Meanwhile, Astaka (SGX:42S) was down over 5% following the launch of a mixed-use development worth around 1.2 billion ringgit in Johor, Malaysia.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8738231feec05fe8e919daaac406ab44\" tg-width=\"489\" tg-height=\"673\"/></p><p></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 End Marginally Higher as Markets React to US Tech Slide</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 End Marginally Higher as Markets React to US Tech Slide\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\">2025-08-20 17:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares closed marginally higher on Wednesday, with several US tech firms losing significant market share, as Asian markets closed mixed ahead of the highly anticipated speech on Friday by US Federal Reserve chair Jerome Powell.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,204.41 and 4,232.10 throughout the day. It ended the session at 4,219.54, up 3.35 points or 0.08% compared to Tuesday&#39;s close.</p><p>In company news, shares of Lum Chang Creations (SGX:LCC) surged nearly 9% at the close as the company projected a significant improvement in its profit before tax for the fiscal year ended June 30.</p><p><a href=\"https://laohu8.com/S/PCPPF\">PC Partner</a> Group&#39;s (HKG:1263, SGX:PCT) shares were down nearly 5% in Singapore, as its attributable profit to owners during the first half of the season increased 29% to HK$250.4 million from HK$194.1 million a year earlier.</p><p>Meanwhile, Astaka (SGX:42S) was down over 5% following the launch of a mixed-use development worth around 1.2 billion ringgit in Johor, Malaysia.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8738231feec05fe8e919daaac406ab44\" tg-width=\"489\" tg-height=\"673\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"42S.SI","symbol_name":"亚斯达卡","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2560179302","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560179302","pubTimestamp":1755683400,"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 closed marginally higher on Wednesday, with several US tech firms losing significant market share, as Asian markets closed mixed ahead of the highly anticipated speech on Friday by...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"42S.SI":"亚斯达卡","STI.SI":"富时新加坡海峡指数","PCT.SI":"栢能集团有限公司","BK6512":"房地产股","BK6117":"房地产开发","BK6045":"建筑与工程","LCC.SI":"林增创筑有限公司","BK6081":"电脑硬件、储存设备及电脑周边"},"translate_title":"由于市场对美国科技下滑做出反应，新加坡股市小幅收高","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"42S.SI":0.9,"LCC.SI":0.9,"PCT.SI":0.9,"STI.SI":0.76},"content_text":"Singapore shares closed marginally higher on Wednesday, with several US tech firms losing significant market share, as Asian markets closed mixed ahead of the highly anticipated speech on Friday by US Federal Reserve chair Jerome Powell.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,204.41 and 4,232.10 throughout the day. It ended the session at 4,219.54, up 3.35 points or 0.08% compared to Tuesday's close.In company news, shares of Lum Chang Creations (SGX:LCC) surged nearly 9% at the close as the company projected a significant improvement in its profit before tax for the fiscal year ended June 30.PC Partner Group's (HKG:1263, SGX:PCT) shares were down nearly 5% in Singapore, as its attributable profit to owners during the first half of the season increased 29% to HK$250.4 million from HK$194.1 million a year earlier.Meanwhile, Astaka (SGX:42S) was down over 5% following the launch of a mixed-use development worth around 1.2 billion ringgit in Johor, Malaysia.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}