Singapore Shares Rise; Focus on U.S. Data, Trade Talks -- Market Talk

Dow Jones
04-29

0117 GMT - Singapore's benchmark FTSE Straits Times Index edges 0.1% higher to 3816.06 after earlier swinging between mild gains and losses. Investors are awaiting U.S. economic data including the advance estimate of 1Q GDP due out this week, Commerzbank Research analysts say in a research report. "Investors are also waiting for any progress on trade deal negotiations," the analysts add. Among the best performers on the benchmark index, Frasers Logistics & Commercial Trust rises 1.7%, Jardine Matheson Holdings adds 1.5%, and Genting Singapore is up 1.4%. Meanwhile, Wilmar International falls 2.2%, Singtel drops 1.6%, and SATS Ltd. is down 1.1%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 28, 2025 21:17 ET (01:17 GMT)

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