Singapore shares were little changed on Friday as the STI closed the week marginally higher, with regional indices showing mixed results as the ongoing conflict in the Middle East continued to unsettle global markets.
The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,808.69 and 4,862.49 throughout the day. It ended the session at 4,848.25, up just 1.69 points or 0.03% compared to Thursday's close.
First Resources up over 13%; Yanlord Land up 3%; AvePoint up over 2.6%; CityDev down nearly 2%; Boustead down about 4%.
In corporate news, shares of HongKong Land (SGX:H78) closed nearly 3% higher as it booked an attributable profit to shareholders of $1.26 billion in 2025, against an attributable loss of $1.39 billion a year earlier
Rex International (SGX:5WH) closed nearly 3% higher, as its subsidiary, Lime Petroleum, completed the hook-up of the mobile offshore production unit and the floating storage and offloading unit at the Seme Field in Benin.
Meanwhile, shares of Vallianz (SGX:WPC) were down nearly 2% at the close, despite the company saying that its operations have not been significantly impacted despite the ongoing geopolitical tensions across the Middle East, with its vessels operating as per normal.
