Singapore Shares Close Higher. Sheng Siong up over 6%; CMS up 5%; UMS up over 4%; SATS, Kep Infra Tr, YZJ Fin Hldg up Around 2%

MT Newswires

Nov 03

Singapore shares closed higher on Monday, tracking regional gains as traders await key US jobs data with optimism, despite ongoing government shutdown.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,431.66 and 4,455.42 throughout the day. It ended the session at 4,444.33, up 15.71 points or 0.35% compared to Friday's close.

Sheng Siong up over 6%; CMS up 5%; UMS up over 4%; SATS, Kep Infra Tr, YZJ Fin Hldg up around 2%.

In company news, shares of Yangzijiang Financial (SGX:YF8) were up nearly 2% at the close with its maritime unit, Yangzijiang Maritime Development, expected to be listed on the Singapore Exchange's Mainboard on Nov. 18, at a placement price of SG$0.60 per share.

Fu Yu (SGX:F13) shares were up nearly 1% after the company terminated the contract of its group chief executive officer and executive director, Seow Jun Hao David, effective Oct. 31, citing "gross default and misconduct."

Meanwhile, shares of Seatrium (SGX:5E2) were up over 1% after it agreed to divest its entire stake in platform supply vessels owning subsidiary, Guanabara Navegacao, to Brazil-based Posidonia Shipping and Trading for $59.7million.

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Sheng Siong up over 6%; CMS up 5%; UMS up over 4%; SATS, Kep Infra Tr, YZJ Fin Hldg up Around 2%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore shares closed higher on Monday, tracking regional gains as traders await key US jobs data with optimism, despite ongoing government shutdown.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,431.66 and 4,455.42 throughout the day. It ended the session at 4,444.33, up 15.71 points or 0.35% compared to Friday&#39;s close.</p><p>Sheng Siong up over 6%; CMS up 5%; UMS up over 4%; SATS, Kep Infra Tr, YZJ Fin Hldg up around 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3d5d61b13ebb67d34231d82a90806e42\" tg-width=\"468\" tg-height=\"765\"/></p><p>In company news, shares of Yangzijiang Financial (SGX:YF8) were up nearly 2% at the close with its maritime unit, Yangzijiang Maritime Development, expected to be listed on the Singapore Exchange&#39;s Mainboard on Nov. 18, at a placement price of SG$0.60 per share.</p><p>Fu Yu (SGX:F13) shares were up nearly 1% after the company terminated the contract of its group chief executive officer and executive director, Seow Jun Hao David, effective Oct. 31, citing &#34;gross default and misconduct.&#34;</p><p>Meanwhile, shares of <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium</a> (SGX:5E2) were up over 1% after it agreed to divest its entire stake in platform supply vessels owning subsidiary, Guanabara Navegacao, to Brazil-based Posidonia Shipping and Trading for $59.7million.</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 Close Higher. 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Sheng Siong up over 6%; CMS up 5%; UMS up over 4%; SATS, Kep Infra Tr, YZJ Fin Hldg up Around 2%\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\">2025-11-03 17:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares closed higher on Monday, tracking regional gains as traders await key US jobs data with optimism, despite ongoing government shutdown.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,431.66 and 4,455.42 throughout the day. 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