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

Welcome to a brand-new week, everyone. Here are three things about the local stock market that you might be interested in today.

1. The Straits Times Index (SGX: ^STI) ended Monday at 3,436.36 points, down 0.17% or 5.79 points.

The biggest loser in the index was Genting Singapore PLC (SGX: G13), the company behind Singapore’s Resorts World Sentosa. The casino operator’s shares fell 1.4% to S$1.36.

Meanwhile, City Developments Limited (SGX: C09) came in as the index’s best performer. Shares of the property developer rose 2.1% to S$12.50.

2. We are near the tail end of the earnings season. Do check out some of the latest earnings coverage below:

a) JUMBO Group Ltd (SGX: 42R) – click here

b) Kimly Ltd (SGX: 1D0) – click here

3. Soilbuild Business Space REIT (SGX: SV3U), which owns 12 business parks and industrial assets in Singapore, is expanding its investment mandate to cover Australia.

It said that venturing beyond our shores will help to increase its pool of investment targets, provide access to assets with longer land tenures and diversify its tenant base.

Soilbuild Business Space REIT’s units ended the day flat at S$0.64.

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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.