Singapore shares rose today to buck regional losses as the Middle East conflict remains on top of investors’ minds.

The Straits Times Index was up 0.86% at 4,932.73 points at 2.27pm Singapore time, with a value turnover of S$1.81B seen in the broader market.

In terms of counters to watch, we have Olam Group, after the agri-business company announced yesterday that its food, feed and fibre operating business, Olam Agri, secured a seven-year US$100 million financing facility, which will initially be guaranteed by the group. 

Elsewhere, from how a flurry of stock market listings by Chinese artificial intelligence companies opened up a gap in analyst coverage, to how US and Chinese trade negotiators are reportedly slated to meet in mid-March, more corporate and international headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.