Singapore stocks with British portfolios end mixed on Friday

Singapore stocks with British portfolios end mixed on Friday

July 5, 2024 / Riah Marton /


SINGAPORE stocks with exposure to the United Kingdom ended Friday (Jul 5) trading mixed.

The sterling pound strengthened slightly in the afternoon as the Labour Party swept to a resounding victory in the UK general election. It was trading at US$1.2782, up 0.2 per cent, as at 5.37 pm.

Labour opposition unseated the Conservatives after 14 years with a landslide win, bagging at least 412 of the 650 seats in parliament as at 6.35 pm Singapore time. Outgoing prime minister Rishi Sunak has conceded the election and resigned.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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