Singapore shares close up 1.09% on Tuesday
TUESDAY saw the third straight day of gains on the local bourse, with the Straits Times Index (STI) closing up by 36.79 points, or 1.09 per cent, to 3,423.38.
Retailer F J Benjamin Holdings was slapped with a query by the bourse operator over a spike in activity.
Its price jumped by 2.5 Singapore cents, or 36.2 per cent, to 9.4 Singapore cents, on a turnover of 35.76 million shares.
The company said in response to the query that it was not aware of any possible explanation, besides a proposed renounceable non-underwritten rights cum warrants issue announced on Oct 23.
Yoma Strategic Holdings, which is selling shares in MM Myanmar Pte Ltd to the Catalist-listed SHC Capital Asia, was up by 1.5 Singapore cents, or 3.09 per cent, to S$0.50.
Meanwhile, Keppel Corporation shrugged off the news that a planned disposal of its stake in a China marina project is being blocked by the minority shareholder of that project.
The counter put on S$0.12 for the day, or 1.63 per cent, to finish at S$7.49.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar