Market View: Oil price movements in focus with Strait of Hormuz effectively closed; Asian markets up as oil prices retreated from the previous day’s peak; China’s exports turbocharge into 2026; Apple reportedly increased iPhone production in India by about 53 per cent last year; SG transport and logistic players, Suntec Reit to watch

Your Way Home with Hongbin Jeong · Mar 10, 2026 · 15m

Singapore shares rose today as oil prices retreated from earlier highs. The Straits Times Index was up 1.74% at 4,839.48 points at about 2.11pm Singapore time, with a value turnover of S$1.33B seen in the broader market. In terms of companies to watch, we have Suntec REIT, after property tycoon Gordon Tang’s Acrophyte Asset Management yesterday received approval from the Monetary Authority of Singapore to acquire ESR Trust Management (Suntec), the manager of Suntec Reit. Elsewhere, from how oil driven inflation could weigh on transport and logistics players on the SGX, to how Apple…