Singapore Shares Surge Nearly 1% Despite Rising Oil Prices; Bumitama Agri up over 5%; UOB up Nearly 2%; DBS, OCBC Bank, Keppel up over 1%

MT Newswires

2 hours ago

Singapore shares closed in the green on Monday, despite rising oil prices following the return of hostilities between the US and Iran.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,685.92 and 5,755.36 throughout the day. It ended the session at 5,755.36, up 55.43 points or nearly 1% compared to Friday's close.

Bumitama Agri up over 5%; UOB up nearly 2%; DBS, OCBC Bank, Keppel up over 1%.

On the corporate front, shares of Fu Yu (SGX:F13) plunged nearly 9% at the close as it applied to the Singapore Exchange Securities Trading for the transfer of the listing of its shares on the Mainboard.

ComfortDelGro's (SGX:C52) joint venture with RATP Dev, KBH Metro Partner, secured a 17 billion Danish kroner contract to operate and maintain the Copenhagen Metro in Denmark.

Meanwhile, Oxley's (SGX:5UX) attributable loss to owners during the fiscal second half ended June 30 widened to SG$51.7 million from SG$8.3 million a year earlier.

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It ended the session at 5,755.36, up 55.43 points or nearly 1% compared to Friday&#39;s close.</p><p style=\"text-align: left;\">Bumitama Agri up over 5%; UOB up nearly 2%; DBS, OCBC Bank, Keppel up over 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9a69f7e6b67a675be58de18e6085f58a\" data-align=\"center\" tg-width=\"687\" tg-height=\"638\"/><span></span></p><p style=\"text-align: left;\">On the corporate front, shares of Fu Yu (SGX:F13) plunged nearly 9% at the close as it applied to the Singapore Exchange Securities Trading for the transfer of the listing of its shares on the Mainboard.</p><p style=\"text-align: left;\">ComfortDelGro&#39;s (SGX:C52) joint venture with RATP Dev, KBH Metro Partner, secured a 17 billion Danish kroner contract to operate and maintain the Copenhagen Metro in Denmark.</p><p style=\"text-align: left;\">Meanwhile, Oxley&#39;s (SGX:5UX) attributable loss to owners during the fiscal second half ended June 30 widened to SG$51.7 million from SG$8.3 million a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2663079509","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2663079509","pubTimestamp":1788169445,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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