Latest / Your Way Home with Hongbin Jeong
Market View: Investors cheer US-China trade truce, overnight rally on Wall Street; Asian market movements in focus; Gold prices held steady amid growing risk appetite; What to expect ahead of US CPI release, earnings from Alibaba, Walmart, Applied Materials; Thai Beverage, SIA Engineering to watch
Singapore shares jumped today on the back of cooling trade tensions between the US and China. The Straits Times Index was up 0.74% at 3,904.86 points at 10.30am Singapore time with a value turnover of S$883.77M in the broader market. In terms of companies to watch, we have Thai Beverage after the beverage maker announced on Friday that its profit for the second quarter ended Mar 31, 2025, decreased 3.2 per cent on the year to 6.7 billion baht (S$263.5 million), from a restated profit of seven billion baht. Meanwhile, global market movements remain in focus as investors welcomed the…
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