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

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

1. The Straits Times Index (SGX: ^STI), finished the day at 3,334.67 points, declining 15.13 points or 0.45%.

The biggest loser in the index was Hutchison Port Hldg Trust (SGX: NS8U), slumping 2.2% to US$0.445.

Meanwhile, Ascendas Real Estate Investment Trust (SGX: A17U) gained the most today. The industrial REIT added 0.4% to S$2.75.

2. Singapore Technologies Engineering Ltd (SGX: S63) announced that its electronics arm, ST Electronics, had clinched around S$585 million worth of contracts in the third quarter of the year.

The bulk of the contracts, at S$359 million, was from the Advanced Electronics and Information Communications Technologies Solutions sector. S$125 million belonged to the Rail Electronics and Intelligent Transportation sector while the rest came from Satellite & Broadband Communications.

Shares of the conglomerate ended Tuesday flat at S$3.38.

3. We are into the earnings season right now. Here are some of the latest coverage:

First REIT and Mapletree Logistics Trust closed at S$1.38 and S$1.255 respectively.

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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.