Singapore Shares Rise 1.3%, Tracking Wall Street's Gains -- Market Talk

Dow Jones

01-31

0106 GMT - Singapore's FTSE Straits Times Index rises 1.3% to 3849.78, tracking Wall Street's gains overnight. Eyes are on the latest monthly update for the U.S. PCE inflation data due later today, says UOB's Global Economics & Markets Research team. Market attention is also on President Trump's potential tariff announcement due Saturday which could impose tariffs on Mexico, Canada and China, UOB writes in a note. Among advancers, Genting Singapore rises 2.05%, Wilmar International climbs 2.0% and OCBC rises 1.8%. Meanwhile, Hongkong Land falls 0.8% and Singapore Exchange sheds 0.1%.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

January 30, 2025 20:06 ET (01:06 GMT)

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Eyes are on the latest monthly update for the U.S. PCE inflation data due later today, says UOB's Global Economics & Markets Research team. Market attention is also on President Trump's potential tariff announcement due Saturday which could impose tariffs on Mexico, Canada and China, UOB writes in a note. Among advancers, Genting Singapore rises 2.05%, Wilmar International climbs 2.0% and OCBC rises 1.8%. 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Eyes are on the latest monthly update for the U.S. PCE inflation data due later today, says UOB's Global Economics & Markets Research team. Market attention is also on President Trump's potential tariff announcement due Saturday which could impose tariffs on Mexico, Canada and China, UOB writes in a note. Among advancers, Genting Singapore rises 2.05%, Wilmar International climbs 2.0% and OCBC rises 1.8%. 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Eyes are on the latest monthly update for the U.S. PCE inflation data due later today, says UOB's Global Economics & Markets Research team. Market attention is also on President Trump's potential tariff announcement due Saturday which could impose tariffs on Mexico, Canada and China, UOB writes in a note. Among advancers, Genting Singapore rises 2.05%, Wilmar International climbs 2.0% and OCBC rises 1.8%. Meanwhile, Hongkong Land falls 0.8% and Singapore Exchange sheds 0.1%.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 20:06 ET (01:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}