Haha.. SATS jumped down 4%.
Singapore Shares End Week in Red on Mixed US Inflation Report; SATS Shares Jump 4%
Singapore's shares opened higher on Friday but fell into the negative territory at close to end the week in red, in the wake of global market jitters from overnight losses following mixed economic data.US consumer inflation cooled slightly last month, with the annual reading declining to 2.4% year on year and down from 2.5% in August.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,573.76 and 3,603.50 throughout the day. It ended the session at 3,573.76, down 11.53 points or 0.32% compared to Thursday's close.In company news, shares of Natural Cool Holdings zoomed nearly 11% after the company completed a proposed settlement with liquidators for the creditors' voluntary winding up of its subsidiary, Natural Cool Investments.V2Y was up 5% at the close after its subsidiary, Evertrust F&B, entered into an agreement to acquire Urban Exchange's coffee shop business.Meanwhile, OUE REIT was awarded a four-star rating in a 2024 Global Real Estate Sustain
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.
2
Report
Login to post
No comments yet