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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