Singapore shares moved lower today, reversing the positive momentum seen in the previous session. 

The Straits Times Index was down 0.49% at 4,252.16 points at 12.46pm Singapore time, with a value turnover of S$852.16M seen in the broader market.

In terms of counters to watch, we have Keppel DC Reit. The manager of the REIT said today that it posted a 12.8 per cent year-on-year increase in distribution per unit for its first half of the financial year ended June.

Elsewhere, from how US President Donald Trump locked horns with Federal Reserve Chair Jerome Powell during a rare presidential visit to the US central bank overnight, to how Sony bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco in a bid to grow its anime business – more international and corporate headlines remain in focus. 

Also on deck – a quick look at Magnificent 7 earnings out thus far.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.