SGX
SGX Logo. Reuters
  • Singapore stocks gained on Monday, tracking gains in other Asian equities after U.S. inflation data underpinned optimism that the global growth is continuing at a steady pace.
  • The Straits Times Index rose 0.12 percent or 4 points to end at 3,323.
  • Shares in AEM Holdings, a maker of precision engineering equipment, jumped as much as 13 percent after it raised its nine months and full-year earnings outlook, citing higher sales, better profit margin, and better operational efficiency.
  • QT Vascular, a provider of advanced therapeutic solutions, climbed 9 percent after saying it had received "indications of interest" in relation to a potential transaction relating its assets.
  • Moya Holdings Asia, which designs and builds water treatment systems, on Monday said that the Indonesian Supreme Court dismissed a class action lawsuit against a unit of Moya's recent acquisition, Acuatico. Its shares lost about 6 percent.
  • Trendlines Group on Monday said units invested US$60,000 into a medical device start-up company InterVaal Pte.