STI mover
$ThaiBev(Y92.SG)$ was the top gainer, rising 5.36 percent to close at S$0.590. The top loser was $Venture(V03.SG)$ , losing 1.30 percent to end at S$12.910. See below for more trending stocks:
REITs mover
$ManulifeReit USD(BTOU.SG)$ was the top gainer, rising 7.32 percent to close at S$0.044. The top loser was $BHG Retail Reit(BMGU.SG)$ , losing 4.26 percent to end at S$0.450. See below for more trending stocks:
Top-Traded SG Stocks...

Cisco Initiated With a Neutral at Goldman Sachs
Goldman Sachs initiated coverage of $Cisco(CSCO.US)$ with a Neutral rating. The firm said it prefers networking equipment stocks that should benefit from cloud service provider data center investments, enterprise digital transformation spending, earnings visibility, and attractive valuation relative to peers.
Northcoast Research Upgrades Costco Wholesale to Buy
Northcoast Research analyst ...

$Futu Holdings Ltd(FUTU.US)$
We know that the name of our app "moomoo" has aroused some discussions on social media. Our staff are also curious about the origin of the name "moomoo." By chance, a casual talk with Futu CEO, Leaf, at leisure unravels the mystery.
"One night three years ago, when we were at loggerheads over the name for this international stock trading app, the wife of Keith who was in charge of the US branch of FUTU happened to pass by and heard our quarrel.
'How about calling it moomoo?' She threw out an off-the-cuff remark, 'it's in a nursery rhyme.'
What a wake-up call, snapping me out of a dazed state! Moo, as the sound of bull, the metaphor of which is direct, vivid, catchy, and lovely. Although it's made of six letters, only the two letters, 'm' and 'o,' are contained and also repeated regularly. Even hard to misspell it!
I wa...