Singapore stocks end Wednesday higher

$FTSE Singapore Straits Time Index(.STI.SG)$ ended the trading day with a marginal gain of 0.1 per cent or 1.93 points at 3,207.28. Gainers outnumbered losers 289 to 216, after 1.2 billion securities worth a collective S$970.8 million changed hands.

On the local bourse, $NIO Inc. USD OV(NIO.SG)$ was the top gainer, rising 7.4 per cent or US$0.64 to close at US$9.25. The company on Jun 20 announced that it had entered into a share subscription agreement with CYVN Holdings, an investment entity backed by the Abu Dhabi government.

$Don Agro(GRQ.SG)$ was another top gainer, adding 73.7 per cent or S$0.14 to S$0.33 after announcing the proposed sale of its crop and milk production businesses.

$JMH USD(J36.SG)$was the biggest loser for the day, shedding 1.2 per cent or US$0.63 to US$51.72.

$Seatrium(S51.SG)$ was the most actively traded stock on Wednesday, with about 217.9 million shares traded. The counter closed flat at S$0.126.

Other heavily traded counters included $YZJ Shipbldg SGD(BS6.SG)$ , $Singtel(Z74.SG)$ and watch-listed $Lian Beng(L03.SG)$ .