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Singapore Shares Start Week in Black as Holiday Season Approaches; CSC Surges 11%

Singapore's stock market started the week on a positive note on Monday, following gains in the global markets on Friday driven by retail growth backed by the upcoming holiday shopping season.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,746.11 and 3,771.70 throughout the day. It ended the session at 3,751.35, up 12.06 points or 0.32% compared to Friday's close.In company news, shares of Nam Lee Pressed Metals surged nearly 13% on Monday's close, as the profit attributable to owners of the company soared to SG$9.7 million from SG$1.3 million a year earlier.CSC Holdings zoomed over 11% at the close, as the company launched a fifth series of its three-month commercial paper in digital securities, at an interest rate of 5.3% per annum.Meanwhile, shares of Boustead Singapore were up nearly 4% at the close after the property developer disclosed that it is exploring the "unlocking of value" from a freehold asset in a "prime location with potential u

Singapore Shares Start Week in Black as Holiday Season Approaches; CSC Surges 11%

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It ended the session at 3,751.35, up 12.06 points or 0.32% compared to Friday&#39;s close.</p><p>In company news, shares of  <a href=\"https://laohu8.com/S/G0I.SI\">Nam Lee Metal</a>  surged nearly 13% on Monday&#39;s close, as the profit attributable to owners of the company soared to SG$9.7 million from SG$1.3 million a year earlier.</p><p> <a href=\"https://laohu8.com/S/C06.SI\">CSC</a>  zoomed over 11% at the close, as the company launched a fifth series of its three-month commercial paper in digital securities, at an interest rate of 5.3% per annum.</p><p>Meanwhile, shares of  <a href=\"https://laohu8.com/S/F9D.SI\">Boustead</a>  were up nearly 4% at the close after the property developer disclosed that it is exploring the &#34;unlocking of value&#34; from a freehold asset in a &#34;prime location with potential upside from business travelers and the tourism industry.&#34;</p><p>CSC rose 11%, Yoma Strategic rose 3.1%, Genting Sing rose 2%, SIA Engineering rose 1.7%, Nio rose 1.1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/122fbf43d87a7b3ea6f43c4070fefe31\" tg-width=\"378\" tg-height=\"776\"/></p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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It ended the session at 3,751.35, up 12.06 points or 0.32% compared to Friday&#39;s close.</p><p>In company news, shares of  <a href=\"https://laohu8.com/S/G0I.SI\">Nam Lee Metal</a>  surged nearly 13% on Monday&#39;s close, as the profit attributable to owners of the company soared to SG$9.7 million from SG$1.3 million a year earlier.</p><p> <a href=\"https://laohu8.com/S/C06.SI\">CSC</a>  zoomed over 11% at the close, as the company launched a fifth series of its three-month commercial paper in digital securities, at an interest rate of 5.3% per annum.</p><p>Meanwhile, shares of  <a href=\"https://laohu8.com/S/F9D.SI\">Boustead</a>  were up nearly 4% at the close after the property developer disclosed that it is exploring the &#34;unlocking of value&#34; from a freehold asset in a &#34;prime location with potential upside from business travelers and the tourism industry.&#34;</p><p>CSC rose 11%, Yoma Strategic rose 3.1%, Genting Sing rose 2%, SIA Engineering rose 1.7%, Nio rose 1.1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/122fbf43d87a7b3ea6f43c4070fefe31\" tg-width=\"378\" tg-height=\"776\"/></p><p></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6045":"建筑与工程","BK6505":"周期性消费品与消费者服务","BK6520":"工商业服务概念","F9D.SI":"宝德新加坡","STI.SI":"富时新加坡海峡指数","G0I.SI":"南利压制金属","C06.SI":"振顺控股","BK6015":"建筑产品"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488629268","content_text":"Singapore's stock market started the week on a positive note on Monday, following gains in the global markets on Friday driven by retail growth backed by the upcoming holiday shopping season.The  STI.SI , a key benchmark for the Singapore Exchange, ranged between 3,746.11 and 3,771.70 throughout the day. 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