Singapore stocks fell this morning as all eyes remained on the heightened trade tensions between US and China.
The Straits Times Index was down 0.31% at 3,882.17 points at 10.51am Singapore time, with a value turnover of S$318.86M seen in the broader market.
In terms of counters to watch today, we have CapitaLand Investment. That’s after the manager of CapitaLand Malaysia Trust, a CapitaLand Investment subsidiary, yesterday proposed a placement of up to 435.4 million new units to raise gross cash proceeds of up to RM250 million (S$75.8 million).
Meanwhile, from Chinese electric vehicle maker Nio posting a net loss of US$949.6 million for its first quarter of 2025 ended March, to how investors are reacting to higher US duties on steel and aluminium, more corporate and international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Marcus Liew, Multi-Asset Solutions Portfolio Manager, Amundi Singapore.
See omnystudio.com/listener for privacy information.
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By MONEY FM 89.3Singapore stocks fell this morning as all eyes remained on the heightened trade tensions between US and China.
The Straits Times Index was down 0.31% at 3,882.17 points at 10.51am Singapore time, with a value turnover of S$318.86M seen in the broader market.
In terms of counters to watch today, we have CapitaLand Investment. That’s after the manager of CapitaLand Malaysia Trust, a CapitaLand Investment subsidiary, yesterday proposed a placement of up to 435.4 million new units to raise gross cash proceeds of up to RM250 million (S$75.8 million).
Meanwhile, from Chinese electric vehicle maker Nio posting a net loss of US$949.6 million for its first quarter of 2025 ended March, to how investors are reacting to higher US duties on steel and aluminium, more corporate and international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Marcus Liew, Multi-Asset Solutions Portfolio Manager, Amundi Singapore.
See omnystudio.com/listener for privacy information.
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