Singapore Shares Surge as Trading Activity Increases; SGX Rises 2%

MT Newswires

2024-10-09

Singapore's stock market surged on Wednesday on the back of a strong trading activity report and overnight gains in the global markets.

The Straits Times Index, a key benchmark for the Singapore Exchange, ranged between 3,577.48 and 3,606.79 throughout the day. It ended the session at 3,595.66, up 19.97 points or 0.56% compared to Tuesday's close.

In economic news, SGX said the total market turnover value on SGX securities surged 75% year over year to SG$30.4 billion in September.

In company news, shares of Duty Free Intl slumped over 9% at the close as the company booked a loss attributable to owners of the company of 3.2 million ringgit in the quarter ended Aug. 31, compared to an attributable profit of 1.6 million ringgit in the year-ago period.

DigiCore Reit USD was up over 3% after the pure-play data center REIT recast $716 million worth of loan facilities by around three years relative to the maturing dates of the existing facilities.

Meanwhile, GS Hldg allotted and issued 570,888,708 rights shares at an issue price of SG$0.015 per share.

NIO Inc. rose 1.35%, ocbc bank, YZJ Shipbldg SGD, DBS Group Holdings rose 1.2%; Seatrium Ltd fell 3%.

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 <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium Ltd</a> fell 3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/710c18daf0da6eb6cd9f124427c868af\" tg-height=\"601\" tg-width=\"377\"/></p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Singapore Shares Surge as Trading Activity Increases; SGX Rises 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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It ended the session at 3,595.66, up 19.97 points or 0.56% compared to Tuesday's close.</p><p>In economic news,  <a href=\"https://laohu8.com/S/S68.SI\">SGX</a>  said the total market turnover value on SGX securities surged 75% year over year to SG$30.4 billion in September.</p><p>In company news, shares of  <a href=\"https://laohu8.com/S/5SO.SI\">Duty Free Intl</a>  slumped over 9% at the close as the company booked a loss attributable to owners of the company of 3.2 million ringgit in the quarter ended Aug. 31, compared to an attributable profit of 1.6 million ringgit in the year-ago period.</p><p> <a href=\"https://laohu8.com/S/DCRU.SI\">DigiCore Reit USD</a>  was up over 3% after the pure-play data center REIT recast $716 million worth of loan facilities by around three years relative to the maturing dates of the existing facilities.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/43A.SI\">GS Hldg</a> allotted and issued 570,888,708 rights shares at an issue price of SG$0.015 per share.</p><p> <a href=\"https://laohu8.com/S/NIO.SI\">NIO Inc.</a>  rose 1.35%,  <a href=\"https://laohu8.com/S/O39.SI\">ocbc bank</a>, <a href=\"https://laohu8.com/S/BS6.SI\">YZJ Shipbldg SGD</a>,  <a href=\"https://laohu8.com/S/D05.SI\">DBS Group Holdings</a>  rose 1.2%;  <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium Ltd</a> fell 3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/710c18daf0da6eb6cd9f124427c868af\" tg-height=\"601\" tg-width=\"377\"/></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"43A.SI","symbol_name":"偉盛有限公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2474219138","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474219138","pubTimestamp":1728467969,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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It ended the session at 3,595.66, up 19.97 points or 0.56% compared to Tuesday's close.In economic news,  SGX  said the total market turnover value on SGX securities surged 75% year over year to SG$30.4 billion in September.In company news, shares of  Duty Free Intl  slumped over 9% at the close as the company booked a loss attributable to owners of the company of 3.2 million ringgit in the quarter ended Aug. 31, compared to an attributable profit of 1.6 million ringgit in the year-ago period. DigiCore Reit USD  was up over 3% after the pure-play data center REIT recast $716 million worth of loan facilities by around three years relative to the maturing dates of the existing facilities.Meanwhile, GS Hldg allotted and issued 570,888,708 rights shares at an issue price of SG$0.015 per share. NIO Inc.  rose 1.35%,  ocbc bank, YZJ Shipbldg SGD,  DBS Group Holdings  rose 1.2%;  Seatrium Ltd fell 3%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0}}}