Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

Singapore Shares Close Higher on Monday; TLV Climbs 5% on Restructuring Plans

MT Newswires ·  {{timeTz}}

05:27 AM EDT, 09/27/2021 (MT Newswires) -- Singapore's Straits Times Index opened the week some 11 points higher and remained in positive territory throughout the day following a positive lead from Wall Street.

During the day, the benchmark index ranged between 3,069.32 and 3,106.55 and ended 1.3%, or 39.97 points, higher at 3,101.32.

In corporate news, TLV Holdings' (SGX:42L) shares climbed nearly 5% at market close as the jewelry retailer disclosed that it was planning to diversify its existing core business activities and venture into money lending. The company also proposed to change its name to Taka Jewellery Holdings to better represent the group's corporate identity and business strategy

Shares of First REIT (SGX:AW9U) closed 4% higher on Monday as the trust passed on the chance to acquire a hospital building in Indonesia pursuant to a right of first refusal deed between its trustee Perpetual (Asia) and PT Lippo Karawaci (IDX:LPKR) dated Oct. 26, 2018.

Southern Alliance Mining (SGX:QNS) slipped 3% on Monday's close, even as the iron ore company booked a higher after-tax profit of 96.7 million Malaysian ringgit ($23.1 million), or 0.1978 ringgit per share, in the fiscal second half, compared with 27.1 million ringgit, or 0.0558 ringgit per share, a year ago.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.