Singapore Shares Incur Further Losses as NODX Declines in August

MT Newswires
Sep 17

Singapore shares incurred further losses on Wednesday, tracking mixed fortunes across regional markets, with the city-state reporting a declined in its non-oil domestic exports during August.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,317.76 and 4,344.19 throughout the day. It ended the session at 4,323.78, down 13.96 points or 0.32% compared to Tuesday's close.

In economic news, Singapore's non-oil domestic exports or NODX, declined by 11.3% year over year in August, following a 4.7% decline in the previous month, according to data released by Enterprise Singapore.

Meanwhile, Singapore's total employment grew by 10,400 in the second quarter of 2025, according to data released by the city-state's Ministry of Manpower.

In company news, shares of IPS Securex Holdings (SGX:42N) surged over 107% at the close after its subsidiary, IPS Securex, secured a government contract worth SG$16.9 million.

The Trendlines (SGX:42T) was down over 3% as it received a listing and quotation notice for over 208.6 million shares at SG$0.03 per share.

Meanwhile, shares of Valuetronics (SGX:BN2) were down nearly 3% as its subsidiary, Value Match, with Sinnet Cloud, said that it expected its joint venture, Trio AI, to raise HK$15.0 million through a share subscription agreement with YH Inv.

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