Singapore Shares Continue Upward Trend. STI up 0.4%; Frasers Property up 3%; Sembcorp, SIA Engineering, SGX up over 2%; YZJ Fin Hldg, Singtel up over 1%

MT Newswires

Oct 03

Singapore shares powered through on Friday, ending the week on a high, tracking regional gains, with the city state reporting a 5.2% increase in its total retail sales during August.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,371.44 and 4,416.90 throughout the day. It ended the session at 4,411.95, up 16.74 points or 0.38% compared to Thursday's close.

Frasers Property up 3%; Sembcorp, SIA Engineering, SGX up over 2%; YZJ Fin Hldg, Singtel up over 1%.

In company news, shares of GS Holdings were down over 2% at the close after it incorporated a new subsidiary, Tomorrow Brands.

Avepoint's shares were up nearly 1% as its stabilizing manager, UBS Singapore branch, executed a stabilizing action by purchasing shares in the open market.

Meanwhile, First Resources completed the disposal of its palm oil plantation business in Indonesia for 405.6 million Indonesian rupiah.

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STI up 0.4%; Frasers Property up 3%; Sembcorp, SIA Engineering, SGX up over 2%; YZJ Fin Hldg, Singtel up over 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-10-03 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore shares powered through on Friday, ending the week on a high, tracking regional gains, with the city state reporting a 5.2% increase in its total retail sales during August.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,371.44 and 4,416.90 throughout the day. 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It ended the session at 4,411.95, up 16.74 points or 0.38% compared to Thursday's close.Frasers Property up 3%; Sembcorp, SIA Engineering, SGX up over 2%; YZJ Fin Hldg, Singtel up over 1%.In company news, shares of GS Holdings were down over 2% at the close after it incorporated a new subsidiary, Tomorrow Brands.Avepoint's shares were up nearly 1% as its stabilizing manager, UBS Singapore branch, executed a stabilizing action by purchasing shares in the open market.Meanwhile, First Resources completed the disposal of its palm oil plantation business in Indonesia for 405.6 million Indonesian rupiah.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}