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The Straits Times Index (STI) briefly notched a new record of 4,008.15 points today as Singapore draws a rush of investors seeking safe havens from geopolitical risks.
This is the second time the benchmark index has crossed the 4,000 point threshold.
In terms of counters to watch, we have Yangzijiang Financial. The group released an update today that its proposed spin-off company Yangzijiang (YZJ) Maritime Development has been incorporated as a wholly owned subsidiary in Singapore.
Elsewhere, from how US President Donald Trump’s “One Big Beautiful Bill Act” narrowly scraped through the Senate overnight, to how Intel’s new chief executive is reportedly exploring a big change to its contract manufacturing business – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.
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