share_log

Singapore Shares Rebound; Thomson Medical Slips 3%

MT Newswires ·  Jan 11 04:52

Singapore's Straits Times Index ended in the green on Thursday, erasing losses from the previous session, following overnight gains in global markets as investors await key US inflation data due later this week.

The benchmark index ranged between 3,180.80 and 3,202.70, ending 0.67% or 21.45 points higher at 3,201.41.

In corporate news, the Singapore Exchange rejected Thomson Medical Group's (SGX:A50) application seeking more time to restore its public float, sending the company's shares down more than 3% at market close.

Shares of AF Global (SGX:L38) plummeted 14% on Thursday's close, as the company agreed to sell RP Hotels (Thailand) and certain other assets for 1.60 billion baht to subsidiaries of Malaysia-listed YTL (KLSE:YTL).

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment