share_log

Singapore Shares Rebound; Thomson Medical Slips 3%

MT Newswires ·  Jan 11 17:52

Singapore's Straits Times Index ended in the green on Thursday, erasing losses from the previous session, following overnight gains in global markets as investors await key US inflation data due later this week.

The benchmark index ranged between 3,180.80 and 3,202.70, ending 0.67% or 21.45 points higher at 3,201.41.

In corporate news, the Singapore Exchange rejected Thomson Medical Group's (SGX:A50) application seeking more time to restore its public float, sending the company's shares down more than 3% at market close.

Shares of AF Global (SGX:L38) plummeted 14% on Thursday's close, as the company agreed to sell RP Hotels (Thailand) and certain other assets for 1.60 billion baht to subsidiaries of Malaysia-listed YTL (KLSE:YTL).

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment