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3 Things You Need to Know About the Singapore Stock Market Today

Hello, Fools! Here are three things about the local stock market that you might be interested in today.

1. The Straits Times Index (SGX: ^STI), ended the day at 3,349.80 points, up 9.07 points or 0.27%.

The biggest winner in the index was Thai Beverage Public Company Limited (SGX: Y92). Its shares rose 1.6% to S$0.975.

On the other hand, the STI component that lost the most ground was property outfit, City Developments Limited (SGX: C09). Shares of the firm slipped 2.3% to S$12.65.

2. Retail real estate investment trust, CapitaLand Mall Trust (SGX: C38U), released its third quarter earnings on Friday. You can find out why its quarterly gross revenue declined and much more by clicking here.

3. TEE International Ltd (SGX: M1Z) announced today that its wholly-owned subsidiary, PBT Engineering Pte Ltd, had clinched S$56.5 million worth of contracts from Singapore’s Land Transport Authority.

The project would involve erecting noise barriers along the elevated tracks at existing train viaducts in the eastern, western and northern parts of Singapore to alleviate railway noise.

The contracts, which started on 16 October 2017, are expected to be completed by 2020. With the latest contract, the total outstanding order book has been increased to S$252.8 million.

Shares of TEE International closed at S$0.20, up 4.2% for the day.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended units of CapitaLand Mall Trust. Motley Fool Singapore contributor Sudhan P owns units of CapitaLand Mall Trust.