Singapore shares dipped today as investors continue to monitor the state of the global economy.
The Straits Times Index was down 0.27% at 3,869.69 points at 2.11pm Singapore time, with a value turnover of S$657.60M seen in the broader market.
In terms of counters to watch today, we have Yangzijiang Shipbuilding. The marine vessel manufacturer reported that its year-to-date order wins for the first quarter of 2025 amounted to six vessels worth US$300 million.
Yangzijiang Shipbuilding said this was around 5 per cent of its US$6 billion target for the 2025 financial year.
Elsewhere, from Singapore’s core inflation coming in hotter-than-expected in April, to how US President Donald Trump’s trade negotiators are reportedly pushing the EU to make unilateral tariff reductions on US goods – more economic headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
See omnystudio.com/listener for privacy information.
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By MONEY FM 89.3Singapore shares dipped today as investors continue to monitor the state of the global economy.
The Straits Times Index was down 0.27% at 3,869.69 points at 2.11pm Singapore time, with a value turnover of S$657.60M seen in the broader market.
In terms of counters to watch today, we have Yangzijiang Shipbuilding. The marine vessel manufacturer reported that its year-to-date order wins for the first quarter of 2025 amounted to six vessels worth US$300 million.
Yangzijiang Shipbuilding said this was around 5 per cent of its US$6 billion target for the 2025 financial year.
Elsewhere, from Singapore’s core inflation coming in hotter-than-expected in April, to how US President Donald Trump’s trade negotiators are reportedly pushing the EU to make unilateral tariff reductions on US goods – more economic headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.
See omnystudio.com/listener for privacy information.
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