Singapore's Straits Times Index remained flat on Thursday closing, following up on mixed performances in the regional and US markets.
During the day, the benchmark Singapore Strait Times Index ranged between 3,320.03 and 3,329.78, ending 0.52% or 17.09 points higher at 3,324.53.
In economic news, Singapore's economy is expected to expand by 2.4% this year, with finance and insurance as the main driver of growth, according to a Monetary Authority of Singapore's June survey of professional forecasters.
Shares of Ossia International (SGX:O08) surged nearly 25% after it received a proposal from the Goh family to privatize the company at SG$0.145 per share through a voluntary unconditional offer.
Fu Yu's (SGX:F13) subsidiary, Fu Yu Supply Chain Solutions received a letter of demand from Evertree Hongkong that claims an aggregate sum of $925,774 as compensation of services rendered under a profit sharing agreement claim from Sept. 1, 2023.
Eurosports Global (SGX:5G1) was up 4% after it bought back 2,000 shares in the open market on Wednesday for SG$344 or SG$0.15 apiece.