Market View: Trump says all trade talks with Canada are terminated; White House confirms Trump-Xi meeting on the sidelines of Apec Summit in South Korea; Indonesia’s Chandra Asri Group to buy ExxonMobil’s Singapore retail fuel stations; China deepens push for tech-self reliance ahead of US talks; ST Engineering, Sabana REIT to watch
Description
Singapore shares inched higher today, tracking broad advances across the region.
The Straits Times Index was up 0.26% at 4,427.77 points at 2.12pm Singapore time, with a value turnover of S$743.41M seen in the broader market.
In terms of counters to watch, we have for you ST Engineering, after the defence and engineering group announced yesterday that it secured S$4.9 billion in new contracts in the third quarter of 2025.
Elsewhere, from US President Donald Trump’s rhetoric on trade with Canada and China, to how Indonesia’s Chandra Asri Group is acquiring ExxonMobil’s network of Esso-branded petrol stations in Singapore, more international and corporate headlines remained 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.
United States
