Singapore Shares Fall, Tracking Losses in Most Regional Equity Markets -- Market Talk

Dow Jones
03 Feb

0932 GMT - Singapore's FTSE Straits Times Index fell 0.8% to close at 3826.47, tracking losses across most regional equity markets. U.S. President Trump's announcement of tariffs on Saturday triggered a broad risk-off move, Pepperstone's Dilin Wu says in an email, adding that this sparked a global sell-off in risk assets. Among the worst performers on Singapore's benchmark index, Singtel dropped 3.3%, Seatrium shed 3.1% and DFI Retail Group was 3.0% lower. Meanwhile, Wilmar International rose 1.3% and Singapore Airlines added 0.9%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 03, 2025 04:32 ET (09:32 GMT)

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