Market View: Row between US President Donald Trump and Tesla’s Elon Musk; “Very positive” talks between Trump and China’s Xi; Lookahead to US May non farm payrolls report; Former senior minister Teo Chee Hean to become chairman of Temasek Holdings in October; OCBC, Keppel DC Reit, Jardine C&C; NetLink NBN Trust to watch
17:43 Share

Singapore shares moved higher today as regional bourses traded mixed.

The Straits Times Index was up 0.27% at 3,928.29 points at 2.31pm Singapore time, with a value turnover of S$668.89M seen in the broader market.

In terms of companies to watch today, we have OCBC. That’s given how the bank’s insurer, Great Eastern, is seeking to delist through OCBC’s exit offer of S$30.15 per share. 

Elsewhere, from optimism arising from what’s described as “very positive” talks between US President Donald Trump and Chinese leader Xi Jinping, to the stunning public row between Trump and Tesla’s chief Elon Musk – more international and corporate headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

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