Singapore Shares Muted as MAS Looks to Boost Stock Market; Vallianz Surges 13%
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Singapore's stock market closed lower on Monday, with the Straits Times Index ending at 3,927.75, down 0.06%. The Monetary Authority of Singapore plans to rejuvenate the stock market. Vallianz shares surged 13% after reporting a profit of $18.0 million, while Raffles Medical shares rose nearly 7% with a profit increase to SG$31.6 million. In contrast, Sats shares fell over 3% despite a 124% profit surge to SG$70.4 million.
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