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Singaporean Shares End Week in Red Despite Overnight Gains in Global Markets; Marco Polo Marine Down 3%

MT Newswires ·  Mar 22 17:48

Singapore shares erased yesterday's gain on Friday to end the week in the negative territory, despite overnight gains in global markets.

During the day, the benchmark Singapore Strait Times Index ranged between 3,205.27 and 3,223.12, ending 0.07% or 2.4 points lower at 3,217.97.

In company news, Marco Polo Marine's (SGX:5LY) shares were down 3% at market close even though the company, through its Taiwanese subsidiary, PKR Offshore, secured the Asia-Pacific Crew Transfer Vessel (CTV) agreement with Siemens Gamesa.

Sasseur REIT's (SGX:CRPU) fell nearly 1% on Friday's close after the company issued 3 million units to Sasseur Asset Management as payment for the base fee component for services it provided from October to December 2023.

Centurion (SGX:OU8) closed flat on Friday as the company completed the disposal of Westlite Bukit Minyak, a proposed purpose built workers' village in Penang, Malaysia, on March 21.

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