Singapore Shares Edge 0.2% Higher, Tracking Wall Street's Gains -- Market Talk

Dow Jones

04-30

0111 GMT - Singapore's FTSE Straits Times Index edges 0.2% higher to 3814.29, tracking Wall Street's gains overnight. The main theme has been risk-on, Commerzbank Research analysts say in a research report. Investors have cheered on President Trump's latest tariff relief for automakers, the analysts say. Also, Commerce Secretary Lutnick said a trade deal with an unnamed country is close to being announced, the analysts add. Among the best performers on the benchmark index, DBS rises 1.2%, Yangzijiang Shipbuilding adds 1.35%, and City Developments is up 0.6%. Meanwhile, Jardine Matheson Holdings falls 2.1% and Thai Beverage sheds 2.0%. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 21:11 ET (01:11 GMT)

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The main theme has been risk-on, Commerzbank Research analysts say in a research report. Investors have cheered on President Trump's latest tariff relief for automakers, the analysts say. Also, Commerce Secretary Lutnick said a trade deal with an unnamed country is close to being announced, the analysts add. Among the best performers on the benchmark index, DBS rises 1.2%, Yangzijiang Shipbuilding adds 1.35%, and City Developments is up 0.6%. Meanwhile, Jardine Matheson Holdings falls 2.1% and Thai Beverage sheds 2.0%. 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The main theme has been risk-on, Commerzbank Research analysts say in a research report. Investors have cheered on President Trump's latest tariff relief for automakers, the analysts say. Also, Commerce Secretary Lutnick said a trade deal with an unnamed country is close to being announced, the analysts add. Among the best performers on the benchmark index, DBS rises 1.2%, Yangzijiang Shipbuilding adds 1.35%, and City Developments is up 0.6%. Meanwhile, Jardine Matheson Holdings falls 2.1% and Thai Beverage sheds 2.0%. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 21:11 ET (01:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BS6.SI","symbol_name":"扬子江船业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531774900","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531774900","pubTimestamp":1745975460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0111 GMT - Singapore's FTSE Straits Times Index edges 0.2% higher to 3814.29, tracking Wall Street's gains overnight. The main theme has been risk-on, Commerzbank Research analysts say in a research report. Investors have cheered on President Trump's latest tariff relief for automakers, the analysts say. Also, Commerce Secretary Lutnick said a trade deal with an unnamed country is close to being announced, the analysts add. Among the best performers on the benchmark index, DBS rises 1.2%, Yangzijiang Shipbuilding adds 1.35%, and City Developments is up 0.6%. Meanwhile, Jardine Matheson Holdings falls 2.1% and Thai Beverage sheds 2.0%. 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