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Daily Debrief: What Happened Today
Non-oil domestic exports (NODX) jumped 11.6 per cent year on year in May after a 7.9 per cent drop in April, with shipments to the US, Taiwan and Malaysia contributing largely to the increase.
The door maker's share price movement followed its announcement on Thursday night that its CEO and controlling shareholder Quek Chek Lan will sell his entire stake in KLW to Sunny Wealth Ltd.
Rothschild Wealth Management on Friday announced the appointment of Mike Hue and Tang Kai Meng to its Asia business.
Catalist-listed medical tech incubator Trendlines Group said on Friday that its 26.46 per cent-owned associated company ETView Medical could soon be acquired for some US$16 million.
Security solutions provider Secura Group said on Friday that its wholly-owned subsidiary Soverus Technology Pte Ltd had, on Thursday, entered into a sale and purchase agreement to acquire Red Sentry Pte Ltd for S$2.7 million.
The STI Today
Singapore stocks got a brief respite on Friday after a downbeat week that saw sentiment dampened by Brexit fears.