Off the wire
Xiongan New Area to highlight eco-protection, coordinated development: expert  • Top news items in major Kenyan media outlets  • Palestinian foreign minister to visit China next week  • Foreign exchange rates in Singapore  • Urgent: Syria consults with allies for proper response to U.S. missile strike: minister  • Singapore stocks close 0.05 pct higher  • Top news items in major S. African media outlets  • Top news items in major Zambian media outlets  • (recast)1st LD: Xi says ready to boost China-U.S. ties from new starting point with Trump  • Near-collision of 2 passenger planes averted at Delhi airport  
You are here:   Home

Roundup: Singapore stocks end up 0.05 pct

Xinhua, April 7, 2017 Adjust font size:

Singapore shares closed 0.05 percent higher on Friday, as investors shrugged off news of the U.S. missile attack against an air base in Syria.

The latest attack raised the risk of U.S. confrontation with Syrian backers Russia and Iran, but a U.S. official reportedly called the attack a "one-off," with no plans for escalation.

Singapore's benchmark Straits Times Index inched up 1.68 points to 3,177.27 points. Trading volume was 3.22 billion shares worth 1.25 billion Singapore dollars. Advancers outnumbered decliners 271 to 205.

Triyards Holdings closed flat at 25 Singapore cents. It reported a loss after tax of 4.2 million U.S. dollars and 6.3 million U.S. dollars in first half and second quarter of fiscal year 2017 ended February after making a total allowance of 8.4 million U.S. dollars in doubtful receivables.

But its revenues increased 9 percent to 161.8 million U.S dollars in first half from a year ago, on the back of contributions from new product offerings related to the diversification strategy, and contribution from Strategic Marine Group for the construction of liquefied natural gas powered aluminum catamarans ferries.

Among top gainers, Great Eastern Holdings rose 1.6 percent to 21.62 Singapore dollars, whereas Jardine Strategic became one of the top losers by falling 1.6 percent to 41.19 U.S. dollars. (1 U.S. dollar equals to 1.40 Singapore dollars) Endit