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Market View: China’s two sessions - Premier Li Qiang announces around 5% GDP growth target for 2025; Trump’s address to Congress, calls for end to US$52B semiconductor subsidy programme, comments on DOGE, tariffs, Alaska pipeline; CDL, SGX stocks to watch
Singapore stocks were higher today as investors continue to digest global developments ranging from US President Donald Trump’s address to Congress to China’s latest GDP growth target of around 5 per cent for 2025. The Straits Times Index was up 0.29% at 3,901.88 points at about 2.20pm, with a value turnover of S$754.86M in the broader market. In terms of companies to watch, we have the Singapore Exchange, after the bourse operator launched its second batch of Hong Kong Singapore Depository Receipts (SDRs) today, in partnership with Phillip Securities. Elsewhere, from China…
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