Tiger Brokers

Singapore Shares Surge 0.9%. Seatrium up 5%; ST Engineering, SGX up Nearly 3%; IFast up 2%; UOB, OCBC Bank up over 1%

MT Newswires
3 hours ago

Singapore shares gained nearly 1% at the close on Tuesday, tracking similar regional fortunes as oil prices slumped further.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,663.60 and 5,737.33 throughout the day. It ended the session at 5,723.76, up 48.53 points or 0.9% compared to Monday's close.

Ambiq Micro up over 8%; Seatrium up 5%; ST Engineering, SGX up nearly 3%; iFast up 2%; UOB, OCBC Bank up over 1%.

On the corporate front, shares of Seatrium (SGX:5E2) close nearly 5% higher as it sought to establish a new SG$200 million share buyback program.

Aspial Lifestyle (SGX:5UF) was down over 1% at the close as it increased the limit of its multicurrency medium-term bond program to SG$500 million from SG$300 million.

Meanwhile, Soon Hock Enterprise (SGX:SHE) unit Soon Hock (4) has secured three term loan facilities totaling up to SG$129 million from Maybank Singapore.

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. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10