Latest / Your Way Home with Hongbin Jeong
Market View: Japan’s Nikkei rallies on US trade deal hopes, optimism on SoftBank and Sony; Intel’s chief responds to Trump’s call for his resignation; Over 30 companies in SGX’s IPO pipeline; Shares of STI constituents, semiconductor firms down on new US tariffs; Sembcorp’s earnings to watch
Singapore shares fell today on the back of earnings out of blue chip firms. The Straits Times Index was down 0.81% at 4,223.85 points at 2.19pm Singapore time, with a value turnover of S$1.29B seen in the broader market. In terms of counters to watch, we have Singapore Exchange. The bourse operator announced today that its net profit for the second half ended June 2025 declined 2.6 per cent to S$308 million, from S$316.3 million in the year prior. Elsewhere, from how Japanese stocks rallied on the back of US trade deal hopes, to how Intel’s CEO Tan Lip-Bu responded to US President…
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