Latest / Your Way Home with Hongbin Jeong
Market View: Selling hit APAC markets following renewed US-China trade fears, Asian currencies slip to weakest levels since May; Malaysia sees ringgit on path to strengthen below RM4 per USD; InnoTek surges 23.6% on Nvidia order wins; UOL, Singapore Land Group to watch
Singapore shares slipped today to track declines seen in Asia. The Straits Times Index was down 1.2% at 4,373.88 points at 2.20pm Singapore time, with a value turnover of S$1.18B seen in the broader market. In terms of counters to watch, we have UOL and Singapore Land Group, after the 666-unit condominium Skye at Holland proved to be the strongest project launch in 2025, selling 98.8 per cent of units over the weekend. Elsewhere, from how shares of mainboard-listed InnoTek rallied on the back of order wins for Nvidia and Shenzhen-listed IEIT Systems, to how US-China trade frictions sent Asian…
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