Singapore Shares End Week in Black; ST Engineering Gains Over 2%
Singapore's stock market closed off the week in green, mirroring overnight gains in the global markets buoyed by interest in chip makers and designer.
The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,623.86 and 3,644.18 throughout the day. It ended the session at 3,640.19, up 14.94 points or 0.41% compared to Thursday's close.
In company news, shares of H2G Green (SGX:5AI) surged over 9% after it reported memoranda of agreement signed by its subsidiaries, Gashubunited Utility and Green Energy Investment Holding, with several companies to add to its energy supply chain.
Keppel DC REIT's (SGX:AJBU) closed at over 1% after its distribution per unit (DPU) was up 0.4% year over year in Q3 to SG$0.02501 from SG$0.02492.
Meanwhile, Wee Hur (SGX:E3B) shares surged nearly 5% at the close after the company denied reports claiming that the property investment firm has agreed to sell its purpose-built student accommodation business to Greystar.
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