Manage episode 516670320 series 2467889
Singapore shares dipped today as investors focused on a high profile meeting between US President Donald Trump and Chinese leader Xi Jinping in South Korea.
The Straits Times Index was down 0.21% at 4,430.67 points at 11.46am Singapore time, with a value turnover of S$717.13M seen in the broader market.
In terms of counters to watch, we have Mapletree Industrial Trust, after the Reit reported a distribution per unit (DPU) of S$0.0318 for the second fiscal quarter ended Sep 30, 2025.
Elsewhere, from the Federal Reserve cutting interest rates by a quarter of a percentage point as expected, to US big tech earnings from Meta, Microsoft and Alphabet, more international and corporate headlines remained in focus.
Also on deck – the Bank of Japan’s rate decision, the meeting between US President Donald Trump and Chinese leader Xi Jinping and Nvidia’s US$5 trillion market valuation.
Plus, how OpenAI is reportedly laying the groundwork for an initial public offering that could value the firm at up to US$1 trillion.
On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.
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