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Market View: Asian shares rise, oil prices fall on Middle East ceasefire reports; SK Hynix files for US listing; Pop Mart reports largely in-line revenue driven by Labubu; SIA, F&N to watch

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Singapore shares inched higher today to track regional movements

The Straits Times Index was up 0.57% at 4,890.15 points at 2.29pm Singapore time, with a value turnover of S$1.15B seen in the broader market.

In terms of companies to watch, we have Singapore Airlines. SIA said yesterday that the flag carrier will fly to Sydney’s new 24-hour airport.

The new airport allows SIA to offer red-eye flights from Sydney, enabling it to bypass the 11 pm to 6 am curfew at the existing Sydney airport, with such flights preferred by corporate travellers. 

Elsewhere, from how Pop Mart International reported full-year revenue and net income broadly in line with analyst expectations, to how South Korean chipmaker SK Hynix announced today that it made a confidential filing for a US listing in 2026, more corporate and international headlines remained in focus.
 
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

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