Singapore shares rose today as investors continue to mull global developments including the upcoming Jackson Hole Economic Symposium.

The Straits Times Index was up 0.63% at 4,213.79 points at 2pm Singapore time, with a value turnover of S$971.46M seen in the broader market.

In terms of counters to watch, we have Yangzijiang Financial. That’s after the investment holding company said yesterday that it will be the anchor investor in a S$100 million fund by ICH Asset Management, led by the Singapore-listed company’s former chief executive Vincent Toe. 

Elsewhere, from what promising diplomatic signals toward ending hostilities between Russia and Ukraine could mean for investors, to how SoftBank has agreed to buy US$2 billion in Intel stock – more international and corporate 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.