Singapore Shares Sink to End Week in Red as Region Awaits Trump's Tariff Letters; QAF Shares Slides 6%

MT Newswires

07-04

Singapore shares incurred losses on Friday to end the week in red, following news of US president Donald Trump's plans to send letters to trading partners over tariff rates.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,004.92 and 4,024.33 throughout the day. It ended the session at 4,013.62, down 5.95 points or 0.15% compared to Thursday's close.

In economic news, Singapore's retail sales increased 1.4% in May on a year-on-year basis, according to data released by the Department of Statistics.

In company news, shares of QAF (SGX:Q01) were down 6% at the close, with the company expecting to report a material reduction in its attributable profit to owners for the first half of the year.

Alpina (SGX:ZXY) was up nearly 4% as the company secured contracts worth a provisional sum of SG$300,000 during the first half of the year.

Meanwhile, shares Parkson Retail Asia (SGX:O9E) were down over 1% as the company liquidated its dormant indirect subsidiary, Myanmar Parkson.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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It ended the session at 4,013.62, down 5.95 points or 0.15% compared to Thursday&#39;s close.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/17147450316c8f25533852a14b3d3ae9\" tg-width=\"279\" tg-height=\"617\"/></p><p>In economic news, Singapore&#39;s retail sales increased 1.4% in May on a year-on-year basis, according to data released by the Department of Statistics.</p><p>In company news, shares of <a href=\"https://laohu8.com/S/Q01.SI\">QAF</a> (<a href=\"https://laohu8.com/S/S68.SI\">SGX</a>:Q01) were down 6% at the close, with the company expecting to report a material reduction in its attributable profit to owners for the first half of the year.</p><p>Alpina (SGX:ZXY) was up nearly 4% as the company secured contracts worth a provisional sum of SG$300,000 during the first half of the year.</p><p>Meanwhile, shares <a href=\"https://laohu8.com/S/PKSGY\">Parkson Retail</a> Asia (SGX:O9E) were down over 1% as the company liquidated its dormant indirect subsidiary, Myanmar Parkson.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"O9E.SI","symbol_name":"百盛零售亞洲","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2548362578","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548362578","pubTimestamp":1751623595,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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