Singapore Shares Crash over 1%. Sinarmas Land Rises 5%; NIO Jumps 2.23%; Bank Stocks Slide Between 1% and 2%; Sri Trang Gloves Fall 5%

MT Newswires12-20 18:08

Singapore's stock market closed off the week in red on Friday, as global markets continued to respond to US Federal Reserve's outlook of fewer interest rate cuts in 2025.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,719.93 and 3,751.45 throughout the day. It ended the session at 3,719.93, down 42.95 points or 1.14% compared to Thursday's close.

Sinarmas Land rose 5%; Olam Group rose 2.6%; NIO rose 2.23%; Bnak Stocks slid between 1% and 2%; Sri Trang Gloves fell 5%.

In company news, shares of Clearbridge Health (SGX:1H3) surged over 33% after it entered into a subscription agreement with Ong Choon Yi for the subscription of 309,500,000 shares in the company's capital for an issue price of SG$0.0031 per share and an aggregate consideration of SG$959,450.

Keppel DC REIT's (SGX:AJBU) shares were down nearly 1% at the close after its wholly owned subsidiary, Keppel DC REIT Fin. obtained a loan facility of SG$100 million.

Meanwhile, CDL Hospitality Trusts (SGX:J85) was down over 1% after it entered into an asset purchase agreement through indirect wholly-owned subsidiaries, CDL HREIT Investments Property and CDL HBT Investments Property, to acquire a freehold land comprising a purpose-built student accommodation and an adjacent vacant land.

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.

Comments

We need your insight to fill this gap

Leave a comment

5

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492492809?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-20 18:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492492809","market":"sg","top_or_hot":-1,"title":"Singapore Shares Crash over 1%. Sinarmas Land Rises 5%; NIO Jumps 2.23%; Bank Stocks Slide Between 1% and 2%; Sri Trang Gloves Fall 5%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore&#39;s stock market closed off the week in red on Friday, as global markets continued to respond to US Federal Reserve&#39;s outlook of fewer interest rate cuts in 2025.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,719.93 and 3,751.45 throughout the day. It ended the session at 3,719.93, down 42.95 points or 1.14% compared to Thursday&#39;s close.</p><p>Sinarmas Land rose 5%; Olam Group rose 2.6%; NIO rose 2.23%; Bnak Stocks slid between 1% and 2%; Sri Trang Gloves fell 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/faac1014b6bce0f10ee9b64ceae9fd2b\" tg-width=\"487\" tg-height=\"642\"/></p><p>In company news, shares of Clearbridge Health (SGX:1H3) surged over 33% after it entered into a subscription agreement with Ong Choon Yi for the subscription of 309,500,000 shares in the company&#39;s capital for an issue price of SG$0.0031 per share and an aggregate consideration of SG$959,450.</p><p>Keppel DC REIT&#39;s (SGX:AJBU) shares were down nearly 1% at the close after its wholly owned subsidiary, Keppel DC REIT Fin. obtained a loan facility of SG$100 million.</p><p>Meanwhile, CDL Hospitality Trusts (SGX:J85) was down over 1% after it entered into an asset purchase agreement through indirect wholly-owned subsidiaries, CDL HREIT Investments Property and CDL HBT Investments Property, to acquire a freehold land comprising a purpose-built student accommodation and an adjacent vacant land.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Crash over 1%. Sinarmas Land Rises 5%; NIO Jumps 2.23%; Bank Stocks Slide Between 1% and 2%; Sri Trang Gloves Fall 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Crash over 1%. Sinarmas Land Rises 5%; NIO Jumps 2.23%; Bank Stocks Slide Between 1% and 2%; Sri Trang Gloves Fall 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 18:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore's stock market closed off the week in red on Friday, as global markets continued to respond to US Federal Reserve's outlook of fewer interest rate cuts in 2025.The Straits Times Index (STI),...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2492492809","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492492809","pubTimestamp":1734689288,"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. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore's stock market closed off the week in red on Friday, as global markets continued to respond to US Federal Reserve's outlook of fewer interest rate cuts in 2025.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,719.93 and 3,751.45 throughout the day. It ended the session at 3,719.93, down 42.95 points or 1.14% compared to Thursday's close.In company news, shares of Clearbridge Health  surged over 33% after it entered into a subscription agreement with Ong Choon Yi for the subscription of 309,500,000 shares in the company's capital for an issue price of SG$0.0031 per share and an aggregate consideration of SG$959,450.Keppel DC REIT's  shares were down nearly 1% at the close after its wholly owned subsidiary, Keppel DC REIT Fin. obtained a loan facility of SG$100 million.Meanwhile, CDL Hospitality Trusts  was down over 1% after it entered into an asset purchase agreement through indirect wholly-owned subsidiaries, CDL HREIT Investments Proper","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","BK6512":"房地产股","BK6129":"酒店及度假村房地产信托","BK6098":"多样化房地产活动","BK6131":"数据中心房地产信托","BK6089":"酒店及度假村房地产投资信托","AJBU.SI":"吉宝数据中心房地产信托","J85.SI":"城市酒店信托","BK6100":"保健护理服务","1H3.SI":"明策集团","BK6014":"特种房地产投资信托","BK6511":"医疗保健服务概念","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","STI.SI":"富时新加坡海峡指数","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","C09.SI":"城市发展"},"translate_title":"新加坡股市暴跌超过1%。Sinarmas Land上涨5%；蔚来上涨2.23%；银行股下跌1%至2%；Sri Trang手套下跌5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AJBU.SI":0.9,"1H3.SI":0.9,"J85.SI":0.9,"CFA.SI":0.9,"C09.SI":0.9,"STI.SI":0.72},"content_text":"Singapore's stock market closed off the week in red on Friday, as global markets continued to respond to US Federal Reserve's outlook of fewer interest rate cuts in 2025.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,719.93 and 3,751.45 throughout the day. It ended the session at 3,719.93, down 42.95 points or 1.14% compared to Thursday's close.Sinarmas Land rose 5%; Olam Group rose 2.6%; NIO rose 2.23%; Bnak Stocks slid between 1% and 2%; Sri Trang Gloves fell 5%.In company news, shares of Clearbridge Health (SGX:1H3) surged over 33% after it entered into a subscription agreement with Ong Choon Yi for the subscription of 309,500,000 shares in the company's capital for an issue price of SG$0.0031 per share and an aggregate consideration of SG$959,450.Keppel DC REIT's (SGX:AJBU) shares were down nearly 1% at the close after its wholly owned subsidiary, Keppel DC REIT Fin. obtained a loan facility of SG$100 million.Meanwhile, CDL Hospitality Trusts (SGX:J85) was down over 1% after it entered into an asset purchase agreement through indirect wholly-owned subsidiaries, CDL HREIT Investments Property and CDL HBT Investments Property, to acquire a freehold land comprising a purpose-built student accommodation and an adjacent vacant land.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492492809"}