Singapore Shares Rise, Mirroring Regional Advances Amidst Wall Street Gains

Published on 12/22/2025 at 04:38 am EST
(MT Newswires) -- Singapore's stock market opened the week positively, reflecting regional growth, Wall Street tech gains, and rising year-end confidence.
The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,590.97 and 4,613.82 throughout the day. It ended the session at 4,610.29, up 40.51 points or 0.9% compared to Friday's close.
In corporate news, Seatrium's shares were up nearly 3% at the close, as its subsidiary, Seatrium Energy (International), reached an agreement to deliver a wind turbine installation vessel to Phoenix II A/S, an affiliate of Maersk Offshore Wind, by Feb. 28, 2026, after resolving a dispute.
Shares of Attikawere down over 5% at the close, as the company utilized over SG$1.3 million from the proceeds raised from its initial public offering for general working capital and property business.
Meanwhile, Hong Kong Sheng Yuan closed its unconditional mandatory cash offer to acquire all shares of China Kangda Foodthat it does not already own on Dec. 19.

Sumber : MT Newswires