Singapore Shares Rise 0.8% on Possible Position Adjustments -- Market Talk

Dow Jones

04/21

0108 GMT - Singapore's FTSE Straits Times Index rises 0.8% to 3748.86 in early trade on possible position adjustments amid holidays in some parts of Asia. Investor cautiousness has persisted, Commerzbank Research analysts say in a research report. "The Q1 earnings season is upon us and investors have to contend with the earnings reports and implications of the U.S. tariffs," they add. Among best performers on the benchmark index, Yangzijiang Shipbuilding climbs 11%, Jardine Matheson Holdings rises 1.6%, and index heavyweight DBS is 1.5% higher. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 20, 2025 21:08 ET (01:08 GMT)

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