Singapore shares fell today as investors continue to monitor developments on the global trade front.
The Straits Times Index was down 0.36% at 4,214.12 points at 1.12pm Singapore time, with a value turnover of S$805.70M seen in the broader market.
In terms of counters to watch, we have Hotel Properties Limited, after the property group said yesterday that it is still in discussions with parties over the redevelopment of Forum The Shopping Mall and voco Orchard Singapore.
Elsewhere, from US President Donald Trump saying that India may get a 20% to 25% tariff on goods exported to the US, to market movements ahead of big tech earnings and a Federal Reserve rate decision – more international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.