Singapore Shares End Week Slightly Higher. Japfa Rises 8.4%; NIO Jumps 1.4%; YZJ Shipbldg Falls 2.7%

MT Newswires

17 Jan

Singapore's stock market rose for the second consecutive day on Friday, despite fresh inflation concerns following US consumer pricing data that aligned with the US Federal Reserve's projections for fewer interest rate cuts in 2025.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,791.69 and 3,819.18 throughout the day. It ended the session at 3,810.78, up 9.65 points or 0.25% compared to Thursday's close.

In economic news, Singapore's non-oil domestic exports (NODX) expanded by 9.0% in December 2024, extending the 3.4% increase in the preceding month, according to data released by Enterprise Singapore.

Japfa rose 8.4%; Golden Agri-Res rose 2%; NIO Inc. rose 1.4%; YZJ Shipbldg fell 2.66%.

In company news, shares of Tricklestar surged nearly 14% after the company moved the record date for determining the entitled shareholders who can participate in the company's proposed rights issue to Jan. 24.

City Developments was up nearly 1% after the construction and property development company revealed that it had raised over SG$600 million through asset divestments in 2024.

Meanwhile, Sabana REIT received a letter from several unitholders, requesting the manager, Sabana REIT Management to convene an extraordinary general meeting to consider certain resolutions regarding the future of the REIT. Its shares closed flat on Friday.

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Japfa Rises 8.4%; NIO Jumps 1.4%; YZJ Shipbldg Falls 2.7%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore's stock market rose for the second consecutive day on Friday, despite fresh inflation concerns following US consumer pricing data that aligned with the US Federal Reserve's projections for fewer interest rate cuts in 2025.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,791.69 and 3,819.18 throughout the day. It ended the session at 3,810.78, up 9.65 points or 0.25% compared to Thursday's close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6167b922dd216f842d8e448789fa2e7c\" tg-height=\"447\" tg-width=\"487\"/></p><p>In economic news, Singapore's non-oil domestic exports (NODX) expanded by 9.0% in December 2024, extending the 3.4% increase in the preceding month, according to data released by Enterprise Singapore.</p><p> <a href=\"https://laohu8.com/S/UD2.SI\">Japfa</a> rose 8.4%; <a href=\"https://laohu8.com/S/E5H.SI\">Golden Agri-Res</a> rose 2%;  <a href=\"https://laohu8.com/S/NIO.SI\">NIO Inc.</a> rose 1.4%;  <a href=\"https://laohu8.com/S/BS6.SI\">YZJ Shipbldg</a> fell 2.66%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42f3640b51727ff9912bcf3d4b0965a3\" tg-height=\"513\" tg-width=\"490\"/></p><p>In company news, shares of <a href=\"https://laohu8.com/S/CYW.SI\">Tricklestar</a> surged nearly 14% after the company moved the record date for determining the entitled shareholders who can participate in the company's proposed rights issue to Jan. 24.</p><p><a href=\"https://laohu8.com/S/C09.SI\">City Developments</a> was up nearly 1% after the construction and property development company revealed that it had raised over SG$600 million through asset divestments in 2024.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/M1GU.SI\">Sabana REIT</a> received a letter from several unitholders, requesting the manager, Sabana REIT Management to convene an extraordinary general meeting to consider certain resolutions regarding the future of the REIT. 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Japfa Rises 8.4%; NIO Jumps 1.4%; YZJ Shipbldg Falls 2.7%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-01-17 17:59</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Singapore's stock market rose for the second consecutive day on Friday, despite fresh inflation concerns following US consumer pricing data that aligned with the US Federal Reserve's projections for fewer interest rate cuts in 2025.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,791.69 and 3,819.18 throughout the day. It ended the session at 3,810.78, up 9.65 points or 0.25% compared to Thursday's close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6167b922dd216f842d8e448789fa2e7c\" tg-height=\"447\" tg-width=\"487\"/></p><p>In economic news, Singapore's non-oil domestic exports (NODX) expanded by 9.0% in December 2024, extending the 3.4% increase in the preceding month, according to data released by Enterprise Singapore.</p><p> <a href=\"https://laohu8.com/S/UD2.SI\">Japfa</a> rose 8.4%; <a href=\"https://laohu8.com/S/E5H.SI\">Golden Agri-Res</a> rose 2%;  <a href=\"https://laohu8.com/S/NIO.SI\">NIO Inc.</a> rose 1.4%;  <a href=\"https://laohu8.com/S/BS6.SI\">YZJ Shipbldg</a> fell 2.66%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42f3640b51727ff9912bcf3d4b0965a3\" tg-height=\"513\" tg-width=\"490\"/></p><p>In company news, shares of <a href=\"https://laohu8.com/S/CYW.SI\">Tricklestar</a> surged nearly 14% after the company moved the record date for determining the entitled shareholders who can participate in the company's proposed rights issue to Jan. 24.</p><p><a href=\"https://laohu8.com/S/C09.SI\">City Developments</a> was up nearly 1% after the construction and property development company revealed that it had raised over SG$600 million through asset divestments in 2024.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/M1GU.SI\">Sabana REIT</a> received a letter from several unitholders, requesting the manager, Sabana REIT Management to convene an extraordinary general meeting to consider certain resolutions regarding the future of the REIT. Its shares closed flat on Friday.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999016042.SGD","symbol_name":"Schroder Singapore Trust A Acc SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2504486139","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504486139","pubTimestamp":1737107979,"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 3,810.78, up 9.65 points or 0.25% compared to Thursday's close.In economic news, Singapore's non-oil domestic exports (NODX) expanded by 9.0% in December 2024, extending the 3.4% increase in the preceding month, according to data released by Enterprise Singapore. Japfa rose 8.4%; Golden Agri-Res rose 2%;  NIO Inc. rose 1.4%;  YZJ Shipbldg fell 2.66%.In company news, shares of Tricklestar surged nearly 14% after the company moved the record date for determining the entitled shareholders who can participate in the company's proposed rights issue to Jan. 24.City Developments was up nearly 1% after the construction and property development company revealed that it had raised over SG$600 million through asset divestments in 2024.Meanwhile, Sabana REIT received a letter from several unitholders, requesting the manager, Sabana REIT Management to convene an extraordinary general meeting to consider certain resolutions regarding the future of the REIT. 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