Latest / Your Way Home with Hongbin Jeong
Market View: Trump signs 25% tariffs on steel and aluminum imports, reiterate reciprocal tariffs, Elon Musk- led group’s US$97b offer for control of OpenAI; BYD shares briefly hit highest intraday price on record; McDonald’s revenue numbers; Paragon REIT, GuocoLand to watch
Singapore shares began the day trading in the positive territory after markets abroad ended the previous day clocking wins. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,886.82 points after 50.1 million securities changed hands in the broader market. In terms of counters to watch for today, we have Paragon Reit given how Times Properties is looking to take Paragon Reit private by way of a trust scheme arrangement, for S$0.98 per unit. Elsewhere, from US President Donald Trump raising tariffs on steel and aluminum imports to how a consortium led by Elon Musk offered…
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