Singapore Shares Remain Resilient. PanUnited up over 4%; SingPost up 3%; Olam Group up 2%; Sembcorp, Seatrium, YZJ Shipbldg, Frasers Property up over 1%

MT Newswires09-03 17:47

Singapore shares closed in the green on Thursday after US president Donald Trump played down the prospect of a prolonged conflict with Iran.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,733.90 and 5,782.96 throughout the day. It ended the session at 5,747.71, up 3.60 points or 0.1% compared to Wednesday's close.

PanUnited up over 4%; SingPost up 3%; Olam Group up 2%; Sembcorp, Seatrium, YZJ Shipbldg, Frasers Property up over 1%.

On the corporate front, shares of CSC Holdings (SGX:C06) plunged over 8% at the close even though it launched two new series of digital commercial paper under its SDAX commercial paper facility program.

Centurion Accommodation REIT (SGX:8C8U) closed nearly 1% lower as it secured a SG$15 million uncommitted and unsecured revolving credit facility.

Meanwhile, iWOW Technology (SGX:NXR) completed an SG$9.3 million post-completion payment to the vendor for its acquisition of Roots Communications.

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PanUnited up over 4%; SingPost up 3%; Olam Group up 2%; Sembcorp, Seatrium, YZJ Shipbldg, Frasers Property up over 1%\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\">2026-09-03 17:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">Singapore shares closed in the green on Thursday after US president Donald Trump played down the prospect of a prolonged conflict with Iran.</p><p style=\"text-align: left;\">The Straits Times Index (STI), a key benchmark for the <a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>, ranged between 5,733.90 and 5,782.96 throughout the day. 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