Singapore Shares Close Week in Red. Sembcorp Industries Down 2.2%; SingPost Down 1.8%; CapLand China T Up 2.2%; Top Glove Up 2%

MT Newswires

Mar 14, 2025

Singapore's shares closed flat on Friday, tracking overnight losses in the US and European markets amid heightened trade tensions.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,823.75 and 3,838.29 throughout the day. It ended the session at 3,836.02, down 1.5 points or 0.04% compared to Thursday's close.

In company news, shares of Sembcorp Industries were down over 2% at the close after the company revealed that its Gas Sales Agreement (GSA) signed by its wholly owned subsidiary, Sembcorp Gas, with West Natuna Exploration, Empyrean Energy and Coro Energy Duyung, was terminated.

Singapore Post was down nearly 2% after its shareholders voted in favor of the disposal of the company's Australian logistics business, Freight Management Holding for AU$775.9 million.

Seatrium fell 0.95% and IFAST lost 1.2%.

CapLand China T up 2.16%; Top Glove up 2%; Wilmar International rose 1.85%.

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.

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Sembcorp Industries Down 2.2%; SingPost Down 1.8%; CapLand China T Up 2.2%; Top Glove Up 2%\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\">2025-03-14 18:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s shares closed flat on Friday, tracking overnight losses in the US and European markets amid heightened trade tensions.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,823.75 and 3,838.29 throughout the day. 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