{
  "id": 14175761,
  "title": "Singapore shares rise 0.3% on Tuesday as Jardine Matheson, banks gain",
  "url": "https://urgent.news/2026/10/13/singapore-shares-rise-0-3-on-tuesday-as-jardine-matheson-banks-gain",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T10:18:05.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-0-3-tuesday-jardine-matheson-banks-gain"
  },
  "original_language": "en",
  "account": "Singapore stocks ended higher on Tuesday, October 13, 2025, with the benchmark Straits Times Index (STI) rising 0.3% to 5,430.50 points. Hongkong Land led the gainers in the blue-chip index, climbing 2.5% to US$8.13. Jardine Matheson, another company in the Jardine group, saw a 1.1% increase, bringing its share price to US$56.42. This was after the conglomerate announced a deal to buy out Balfour Beatty’s 50% stake in construction group Gammon for £250 million (US$331 million), to be paid in three tranches until December 2028. The upgraded earnings guidance from Jardine Matheson, expecting a 3-5% growth in underlying EPS, was seen as a positive factor. All three local banks - DBS, OCBC, and UOB - also finished the day on the positive side. Broadly, the market saw more declines than gains, with 338 losers to 217 gainers, totaling 992.7 million securities worth S$1.9 billion traded. Regional markets had mixed performances, with Hong Kong’s Hang Seng Index up 0.3%, the FTSE Bursa Malaysia KLCI rising 0.3%, Japan’s Nikkei 225 falling 1.8%, and South Korea's Kospi declining 5.5%.",
  "summary": "Hongkong Land leads the gainers on the blue-chip index, rising 2.5%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Private banks intensify efforts to build Singapore talent bench as wealth sector booms",
        "url": "https://urgent.news/2026/10/13/private-banks-intensify-efforts-to-build-singapore-talent-bench-as",
        "published": "2026-10-13T10:45:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}