Market View: US ADP private payrolls jumped far more than expected; Majority of US Supreme Court justices queried Trump’s ability to impose his tariffs; Asia claws back some of yesterday’s hefty losses; DBS and UOB’s earnings in focus; Coliwoo’s first day performance on the SGX; Shares in Pony.AI, WeRide tumble on Hong Kong debut
Description
Singapore shares moved higher today, tracking gains seen in the region.
The Straits Times Index was up 1.4% at 4,478.76 points at 2.02pm Singapore time, with a value turnover of S$1.75B seen in the broader market.
In terms of counters to watch, we have DBS. The Singapore lender posted today a net profit for the third quarter ended Sep 30, 2025, that declined 2 per cent to S$2.95 billion, compared with S$3.03 billion in the same year-ago period.
Elsewhere, from what a jump in US private payrolls and scepticism over the legality of US President Donald Trump’s sweeping tariffs mean for investors, to how shares of Chinese self-driving startups Pony.AI and WeRide tumbled on their Hong Kong debuts, more international and corporate headlines remained in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.
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