Singapore stocks: STI resumes Wednesday afternoon at 3,217.50, down 0.03% on day

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VOLATILITY surrounding trade relations remains the central theme in global equity markets, with Washington's move to ban US companies from using foreign telecoms equipment. Read more at The Business Times.

VOLATILITY surrounding trade relations remains the central theme in global equity markets, with Washington's move to ban US companies from using foreign telecoms equipment.

The US's latest move, which market watchers see as targeting Chinese telecoms giant Huawei, adds another element to the already tense flare-up in trade relations between the US and China. BoardRoom Limited shares leapt on Thursday, after GK Goh Holdings' voluntary unconditional cash offer for the mainboard-listed corporate secretarial services firm, at S$0.88 per share. GK Goh intends to delist BoardRoom. BoardRoom shares were trading at the offer price of S$0.88, up S$0.11 or 14.3 per cent.Yangzijiang Shipbuilding was the Singapore bourse's most traded stock, with 24.9 million shares changing hands. The shipbuilder was trading four Singapore cents or 2.

 

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