The Singapore stock market wrapped up the week on a positive note. The Straits Times Index (SGX: ^STI) edged up by 0.1% to 3,861.42, buoyed by strong earnings from local companies and renewed investor confidence.

Singapore Stock Highlights of the Week

Singapore Exchange (SGX: S68) soars 10% to hit 17 year high

The Singapore Exchange Ltd emerged as a star performer this week. Its stock surged 10% to close at S$13.99 after reporting a 20.7% jump in net profit to S$340 million for the six months ended December. Strong demand for its cash equities and derivatives products played a key role in this impressive rally.  Against a backdrop of strong earnings, SGX’s share price has been on a tear since last year.

F&N (SGX: F99)  Rides High on Robust Q1 Results

F&N climbed 1.6% to S$1.29 after reporting a strong 18.8% jump in net profit to S$52 million for Q1 ending December 31, 2024. The food-and-beverage maker’s robust results reflect growing demand for its diversified portfolio and effective cost management....