Singapore shares rose today, tracking gains seen in broader Asian markets.

The Straits Times Index was up 0.64% at 4,514.15 points at 2.21pm Singapore time, with a value turnover of S$770.33M seen in the broader market.

In terms of counters to watch, we have Seatrium, after the marine engineering company today announced that it has been awarded a contract from BP Exploration and Production for the engineering, procurement, construction and onshore commissioning of the Tiber floating production unit in the Gulf of Mexico, renamed the Gulf of America by US President Donald Trump.

Elsewhere, from how a round of tepid US data reinforced expectations of a Federal Reserve rate cut in December, to how Singapore’s factory output jumped 29.1 per cent year on year in October on the back of a surge in pharmaceutical manufacturing, more economic headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

Singapore shares rose today, tracking gains seen in broader Asian markets.
The Straits Times Index was up 0.64% at 4,514.15 points at 2.21pm Singapore time, with a value turnover of S$770.33M seen in the broader market.
In terms of counters to watch, we have Seatrium, after the marine engineering company today announced that it has been awarded a contract from BP Exploration and Production for the engineering, procurement, construction and onshore commissioning of the Tiber floating production unit in the Gulf of Mexico, renamed the Gulf of America by US President Donald Trump.
Elsewhere, from how a round of tepid US data reinforced expectations of a Federal Reserve rate cut in December, to how Singapore&rsquo;s factory output jumped 29.1 per cent year on year in October on the back of a surge in pharmaceutical manufacturing, more economic headlines remained in focus.
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Gains in global equities after tepid US data raises Fed rate cut hopes; Talks on Fed Chair Jerome Powell’s successor; Singapore’s factory output jumps 29.1% in October, boosted by pharma surge; Apple set to become top phone maker in the world; Seatrium, NIO to watch

Advertisement