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Singaporean Shares Rise as Investors Eye US Inflation Data; EuroSports Plunges 14%

米国のインフレ指標に投資家の関心が集中する中、シンガポール株が上昇;ユーロスポーツは14%下落

MT Newswires ·  05/14 05:41

Singapore's Straits Times Index was up on Tuesday, with investors awaiting the release of key US inflation data.

During the day, the benchmark Singapore Strait Times Index ranged between 3,298.51 and 3,313.35, ending 0.29% or 9.69 points higher at 3,308.06.

The upbeat sentiment came as investors await the release of critical inflation data later this week. The data is expected to impact the Federal Reserve's interest rate decisions.

In company news, shares of EuroSports Global (SGX:5G1) were down nearly 14% after the company flagged a "significant" decrease in revenue and wider net losses for the year ended March 31 compared with the previous year.

Parkson Retail Asia's (SGX:O9E) shares were up nearly 10% after it booked an attributable profit to the owners of SG$12.1 million in the first quarter of the year, up 28.4% from SG$9.4 million in the year-ago period.

Thai Beverage's (SGX:Y92) shares were up over 3% after the company booked an attributable profit to the owners of 6.99 billion baht for the quarter ended March 31, compared with 7.36 billion baht in the year ago period.

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