- Singapore stocks gained for a fourth session on Thursday, led by lenders such as OCBC amidst improved global risk appetite following upbeat Chinese and U.S. economic news.
- The Straits Times Index rose 0.37 percent or 12 points to end at 3,277.
- Singaporean conglomerate Sembcorp Industries rose 0.8 percent after increasing its stake in India-focused renewable energy, bringing its total ownership to 100 percent.
- Cosco Shipping International received shareholders' approval for the 1.47 billion yuan (S$297.1 million) divestment of its loss-making yard operations. The stock closed unchanged after rising as much as 2 percent earlier in the day.
- Yongnam Holdings, a provider of engineering and construction services, fell about 7 percent despite securing three new contracts worth S$70 million.
- Shares in China-based Yangzijiang Shipbuilding fell as much as 8 percent after the company announced placement of up to 137 million shares at a discount to its last traded price.
- Singapore Airlines signed a codeshare agreement with Alaska Airlines in a bid to expand its footprint in the North American market.
- Australian national carrier Qantas Airways said it will fly from Sydney to London via Singapore instead of Dubai as the airline extends its partnership with Gulf carrier Emirates.
