Market View: US-China trade truce; White House on possible extension of Trump’s trade deadline; Softbank Group’s Masayoshi Son’s ambition to make group into biggest platform provider for “artificial super intelligence” within next 10 years; Nike reported

Money Matters with Hongbin Jeong and Chua Tian Tian

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3d ago 18:30

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Singapore shares rose today with the global trade situation back in focus as investors put the Israel-Iran ceasefire behind them.

The Straits Times Index was up 0.64% at 3,963.62 points at about 12.37 pm Singapore time, with a value turnover of S$511.88M seen in the broader market.

In terms of counters to watch today, we have AEM, after the semiconductor test solutions provider raised its revenue guidance for its first half ending June to between S$185 million and S$195 million, up from an earlier range of S$155 million to S$170 million.

Elsewhere, from how the White House said US President Donald Trump could extend his deadline for trade deals beyond the 9th of July, to how SoftBank Group CEO Masayoshi Son wants the Japanese technology investment group to become the biggest platform provider for “artificial super intelligence” within the next 10 years – more international and corporate headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

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