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Singapore Shares Close Lower; NIO Jumps 12%; China International Surges 117%

MT Newswires09-06

Singapore's stock market ended in negative territory on Friday, as global equities fell in anticipation of US's key labor market report.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,446.08 and 3,475.87 throughout the day. It ended the session at 3,454.47, down 4.19 points or 0.12% compared to Thursday's close.

In company news, China International (SGX:BEH) received a query from the SGX after the company recorded unusual price movements with shares surging 117% on Friday.

Oxley Holdings (SGX:C06) was up over 1% after the company bought back 155,000 shares in the open market for SG$11,503.

Meanwhile, Keppel Infrastructure Trust (SGX:A7RU) was up over 1% after it provided an update on the use of proceeds from the placement to raise gross proceeds of around SG$200.0 million.

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Comment1

  • Boring SG market. A stock can't even rise by 100%. I prefer US
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