Market View: China’s “special action plan” to boost consumption; Global CEOs reportedly said to meet Chinese President Xi; FOMC Meeting in focus, earnings due from Nike, FedEx this week; US retail operator of Forever21 files for bankruptcy; SG NODX up 7.6% in February; Keppel, Sats to watch

Your Way Home with Hongbin Jeong · Mar 17, 2025 · 15m

Singapore shares inched higher earlier today after data showed the country’s non-oil domestic exports reversed January’s contraction to grow 7.6% in February. The Straits Times Index moved 0.57% higher to 3,857.83 points at about 2.22pm, with a value turnover of S$732.91M in the broader market. In terms of companies to watch, we have Keppel, after the company said today that its wholly owned Kepland Investama is in a dispute over ownership rights for land plots in Jakarta. Elsewhere, from China’s “special action plan” to boost consumption and how global CEOs are…