Market View: Nike’s earnings beat expectations; Tesla recalls most Cybertrucks to fix panels; China’s imports of US cotton, cars, and some energy products plunge amid trade tensions; Japan’s core consumer prices up 3% yoy in February; Top Glove, Prudential, Fu Yu Corporation to watch

Your Way Home with Hongbin Jeong · Mar 21, 2025 · 17m

Singapore shares were little changed today as investors put the US Federal Reserve’s decision to hold interest rates behind them. The Straits Times Index was up a marginal 0.05% at about 1pm (12.56pm) to 3,932.39 points, with a value turnover of S$512.58M in the broader market. In terms of counters to watch today, we have Top Glove, after the Malaysian glove manufacturer reported a net profit of RM30.3 million (S$9.1 million) for its second quarter ended Feb 28, reversing from a net loss seen the year before. Elsewhere, from China’s import of US cotton, cars and some energy…