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The Singapore Market this Week

The Straits Times Index (SGX: ^STI) gained a mere 0.1% this week, closing at 3147.3 points on Friday.

Out of the 30 component stocks within the index, 11 finished in positive territory, 18 were in the red and one was unchanged. The biggest gainer was conglomerate Jardine Cycle & Carriage (SGX: C07), which moved up by nearly 8% to close at SS$39.40. The share that slid the most was marine engineering outfit Sembcorp Marine (SGX: S51), which lost 3.2% to finish the week at S$4.20. Indonesia-based palm oil producer Golden Agri-Resources Limited (SGX: E5H) ended the week flat, closing at S$0.53.

Let’s focus our attention away from the big boys and take a look at some mid-caps and small-caps.

Seller of quality massage chairs, Osim International (SGX: O23), surged by slightly more than 6% this week. It closed at S$2.38. Osim said in a statement on Thursday that it will be releasing its fourth quarter results on 27 Jan 2014. The company expects the results to be “positive and strong”.

M1 Limited (SGX: B2F), which will release its fourth quarter earnings report on the coming Monday, , lost 0.3% to close at S$3.27. For the third quarter of 2013, its net profit was up 19.4% to S$39.5 million over the previous year.

Select Group Limited (SGX: 5FQ), a food service provider, which has brands such as Texas Chicken, Stamford and Lerk Thai under its stable, gained 1.3% to close at S$0.39. The company announced plans to build new corporate headquarters in Senoko, Singapore this week for an estimated S$45 million. The new building will be ready next year.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.