Singapore Shares Remain in Red as Iran Remains Insistent on MoU Provisions
Singapore shares remained in the red on Wednesday, with Iran continuing to insist on the provisions of its agreement with the US to be implemented before a final deal.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,158.63 and 5,196.54 throughout the day. It ended the session at 5,161.50, down 9.15 points or 0.2% compared to Tuesday's close.On the corporate front, shares of NoonTalk Media (SGX:SEJ) surged nearly 27% at the close as it signed a non-binding MoU with Neusoft Education Technology to explore collaboration opportunities in AI for AI-generated content and other initiatives.ASTI Holdings (SGX:575) closed nearly 2% higher as it received the first installment of a settlement payment of SG$300,000 from Advanced Systems Automation (SGX:WJ9).Meanwhile, ISOTeam (SGX:5WF) secured around SG$20.4 million worth of contracts.
