Thursday, October 23, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

Singapore shares end flat amid mixed Asia markets as investors digest China’s monetary easing plans

by Stephanie Irvin
in Real Estate
Singapore shares end flat amid mixed Asia markets as investors digest China’s monetary easing plans
Share on FacebookShare on Twitter


SINGAPORE stocks closed unchanged on Friday (Dec 13), as China pledged further monetary easing to brace itself for more trade tensions with the United States.

The benchmark Straits Times Index (STI) inched up 0.03 per cent, or 1.08 points, to 3,810.35.

Across the broader market, losers outnumbered gainers 276 to 199, as 793.5 million securities worth S$910.2 million changed hands.

YZJ Shipbuilding topped the STI and was among the most actively traded counters in terms of volume, rising 2.5 per cent or S$0.07 to S$2.88, with 35.2 million shares transacted.

The index’s biggest loser was Jardine Matheson, which retreated 2.6 per cent or US$1.16 to US$43.29.

Banking stocks were varied at the close. UOB rose 0.3 per cent or S$0.10 to S$37.35, while OCBC declined by 0.2 per cent or S$0.04 to S$16.76. DBS also fell, down 0.1 per cent or S$0.06 at S$43.74.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

RHB on Friday said that a potential DBS or OCBC takeover of Bank Pan Indonesia would add 2 to 3 per cent to their bottom lines. DBS and OCBC are said to be among the Asian banks interested in buying the Jakarta-listed lender, which is also known as Panin Bank.

Other Asia-Pacific markets were largely in negative territory.

Japan’s Nikkei 225 slid 1 per cent, while South Korea’s Kospi Composite Index was up 0.5 per cent. The Bursa Malaysia Kuala Lumpur Composite Index climbed 0.4 per cent.

Chinese stocks sharply fell despite the news of more stimulus ahead. Hong Kong’s Hang Seng Index and the Shanghai Composite were both down more than 2 per cent.

China concluded its Central Economic Work Conference (CEWC) on Thursday, and pledged to increase the budget deficit, issue more debt and loosen monetary policy to maintain stable economic growth so as to prepare for increased trade tensions with the US.

ANZ Research said that what resulted from this conference is not a “new deal”.

“Both the Politburo and CEWC look more like a policy recap of the stimulus measures in the past months rather than a new supporting deal to the economy,” it said in a note on Friday.

“On the monetary policy front, the change of… stance to moderately loose is a belated confirmation of the policy moves since September.”

Tags: AsiaChinasdigestEasingFlatInvestorsMarketsMixedmonetaryPlansSharesSingapore
Stephanie Irvin

Stephanie Irvin

Next Post
Alchemy of Souls and My Lovely Liar Actor Hwang Min Hyun to Portray Secret Fighter in New Web Series

Alchemy of Souls and My Lovely Liar Actor Hwang Min Hyun to Portray Secret Fighter in New Web Series

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In