Singapore Shares End Lower. Golden Agri-Res up 12%; YZJ Fin Hldg up over 7%; Food Empire up Nearly 6%; Great Eastern, Yanlord Land up over 3%; DBS Down over 1%

MT Newswires
2025/09/12

Singapore shares fell on Friday, despite positive regional market sentiment owing to growing expectations that the US Federal Reserve will cut interest rates.

The Straits Times Index ranged between 4,339.69 and 4,375.33 throughout the day. It ended the session at 4,344.24, down 11.58 points or 0.27% compared to Thursday's close.

Golden Agri-Res up 12%; YZJ Fin Hldg up over 7%; Food Empire up nearly 6%; Great Eastern, Yanlord Land up over 3%; Centurion down over 3%; DBS down over 1%.

In company news, shares of Heptamex International (SGX:8A1) surged nearly 12% at the close as it completed the placement of 6.5 million shares at SG$0.1 each, raising SG$650,000.

H2G Green's shares slumped nearly 8% after its subsidiary, P5, signed a legally binding MOU to sell certain assets to Molteni Group.

Meanwhile, Low Keng Huat (Singapore) (SGX:F1E) was down over 10% as it booked an attributable loss of SG$10.2 million for the fiscal first half ended July 31, reversing an attributable profit of SG$5.8 million a year earlier.

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