Singapore Shares Surge Ahead of Festive Period; Geo Energy Resources Surges 5%

MT Newswires

Dec 24, 2024

Singapore's stock market surged at the close of trading on Tuesday as the market takes a break for Christmas, mirroring overnight gains in the global market.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,756.29 and 3,772.66 throughout the day. It ended the session at 3,769.55, up 17.22 points or 0.46% compared to Monday's close.

In company news, shares of Geo Energy Resources (SGX:RE4) surged over 5% after the company closed in on its agreement with ResInvest to acquire the second tranche of 13.4 million treasury shares at SG$0.5 each and issue 20.1 million warrants at SG$1 per share in the company.

17Live Group (SGX:LVR) was down nearly 3% after it issued and allotted 766,032 shares in the capital of the company to eligible holders of restricted share units under its employee share option plan.

Meanwhile, shares of Seatrium (SGX:5E2) were up nearly 2% at the close after the company signed a contract with BP Exploration and Production for the Kaskida Floating Production Unit (FPU) project in the US Gulf of Mexico.

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
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2493705853"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2493705853\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2493705853?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-24 17:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2493705853","market":"sg","top_or_hot":-1,"title":"Singapore Shares Surge Ahead of Festive Period; Geo Energy Resources Surges 5%","media":"MT Newswires","content":"<html><body><p> Singapore's stock market surged at the close of trading on Tuesday as the market takes a break for Christmas, mirroring overnight gains in the global market.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,756.29 and 3,772.66 throughout the day. It ended the session at 3,769.55, up 17.22 points or 0.46% compared to Monday's close.</p><p>In company news, shares of Geo Energy Resources (SGX:RE4) surged over 5% after the company closed in on its agreement with ResInvest to acquire the second tranche of 13.4 million treasury shares at SG$0.5 each and issue 20.1 million warrants at SG$1 per share in the company.</p><p>17Live Group (SGX:LVR) was down nearly 3% after it issued and allotted 766,032 shares in the capital of the company to eligible holders of restricted share units under its employee share option plan.</p><p>Meanwhile, shares of Seatrium (SGX:5E2) were up nearly 2% at the close after the company signed a contract with BP Exploration and Production for the Kaskida Floating Production Unit (FPU) project in the US Gulf of Mexico.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Surge Ahead of Festive Period; Geo Energy Resources Surges 5%</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Surge Ahead of Festive Period; Geo Energy Resources Surges 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-12-24 17:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Singapore's stock market surged at the close of trading on Tuesday as the market takes a break for Christmas, mirroring overnight gains in the global market.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,756.29 and 3,772.66 throughout the day. It ended the session at 3,769.55, up 17.22 points or 0.46% compared to Monday's close.</p><p>In company news, shares of Geo Energy Resources (SGX:RE4) surged over 5% after the company closed in on its agreement with ResInvest to acquire the second tranche of 13.4 million treasury shares at SG$0.5 each and issue 20.1 million warrants at SG$1 per share in the company.</p><p>17Live Group (SGX:LVR) was down nearly 3% after it issued and allotted 766,032 shares in the capital of the company to eligible holders of restricted share units under its employee share option plan.</p><p>Meanwhile, shares of Seatrium (SGX:5E2) were up nearly 2% at the close after the company signed a contract with BP Exploration and Production for the Kaskida Floating Production Unit (FPU) project in the US Gulf of Mexico.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6522","symbol_name":"化石燃料股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2493705853","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493705853","pubTimestamp":1735033433,"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. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore's stock market surged at the close of trading on Tuesday as the market takes a break for Christmas, mirroring overnight gains in the global market.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,756.29 and 3,772.66 throughout the day. It ended the session at 3,769.55, up 17.22 points or 0.46% compared to Monday's close.In company news, shares of Geo Energy Resources  surged over 5% after the company closed in on its agreement with ResInvest to acquire the second tranche of 13.4 million treasury shares at SG$0.5 each and issue 20.1 million warrants at SG$1 per share in the company.17Live Group  was down nearly 3% after it issued and allotted 766,032 shares in the capital of the company to eligible holders of restricted share units under its employee share option plan.Meanwhile, shares of Seatrium  were up nearly 2% at the close after the company signed a contract with BP Exploration and Production for the Kaskida Floating Production Unit ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6522":"化石燃料股","5E2.SI":"海庭","BK6065":"建筑机械与重型卡车","STI.SI":"富时新加坡海峡指数","BK6030":"电影和娱乐","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","BK6069":"煤与消费用燃料","LVR.SI":"17LIVE GROUP","RE4.SI":"天然煤矿集团"},"translate_title":"新加坡股市在节日前飙升；Geo Energy Resources飙升5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5E2.SI":0.9,"LVR.SI":0.9,"STI.SI":0.74,"RE4.SI":0.9},"content_text":"Singapore's stock market surged at the close of trading on Tuesday as the market takes a break for Christmas, mirroring overnight gains in the global market.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,756.29 and 3,772.66 throughout the day. It ended the session at 3,769.55, up 17.22 points or 0.46% compared to Monday's close.In company news, shares of Geo Energy Resources (SGX:RE4) surged over 5% after the company closed in on its agreement with ResInvest to acquire the second tranche of 13.4 million treasury shares at SG$0.5 each and issue 20.1 million warrants at SG$1 per share in the company.17Live Group (SGX:LVR) was down nearly 3% after it issued and allotted 766,032 shares in the capital of the company to eligible holders of restricted share units under its employee share option plan.Meanwhile, shares of Seatrium (SGX:5E2) were up nearly 2% at the close after the company signed a contract with BP Exploration and Production for the Kaskida Floating Production Unit (FPU) project in the US Gulf of Mexico.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}