Singapore's stock market closed slightly lower on Monday, with all eyes on the upcoming inauguration of Donald Trump as the US president.
The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,795.28 and 3,819.66 throughout the day. It ended the session at 3,807.97, down 2.81 points or 0.07% compared to Friday's close.
In company news, shares of Winking Studios (SGX:WKS) surged over 8% at the close after it entered into a conditional acquisition of Shanghai Mineloader Digital Technology for a consideration of about 146 million yuan.
V2Y (SGX:V2Y) was down nearly 7% after it entered into a supplemental letter to an amended and restated placement agreement with Ang Wei Felix.
Meanwhile, shares of Q & M Dental's (SGX:QC7) were up nearly 2% at the close after its subsidiary, EM2AI, entered into an memorandum of understanding with an unnamed provider of dental solutions to expand its business network in the Southeast Asian region.
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