Singapore’s stock market experienced a mixed session, with several companies posting notable gains while others faced declines. Goodwill (GEH) emerged as the biggest gainer of the day, skyrocketing 16% to 0.174 SGD. The stock’s sharp rally indicates positive sentiment among investors, though market analysts remain cautious about its sustainability.
Among other top gainers, Koh Bros (K75) rose 3.65% to 0.142 SGD, continuing its upward trajectory. Tuan Sing (T24) followed closely, climbing 3.64% to 0.285 SGD, while HG Metal (BTG) saw a 3.57% rise to 0.290 SGD. Construction firm OKP (5CF) also recorded an uptick, increasing 2.94% to 0.350 SGD.
On the losing side, Kimly (1D0) declined 3.03% to 0.320 SGD, reflecting investor concerns about its performance. Avarga (U09) faced the steepest drop, falling 4.44% to 0.215 SGD, potentially due to external market pressures. UnionSteel (ZB9) dipped 3.70% to 0.520 SGD, while Far East Orchard (O10) lost 1.94% to 1.01 SGD. Casa (C04) and Q&M Dental (QC7) also slipped 1.85% and 1.79%, respectively.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any investment decisions.