Singapore Shares Edge Higher Amid Possible Position Adjustments -- Market Talk

Dow Jones

2025/02/19

0114 GMT - Singapore's FTSE Straits Times Index edges 0.1% higher to 3930.10, paring opening gains amid possible position adjustments by investors. "While headlines on U.S./Russia/Ukraine peace talks have been a central focus, it seems the noise in markets has been temporarily dialed down a notch," says Chris Weston, head of Research at Pepperstone, in a commentary. Among the best performers on the benchmark index, Genting Singapore rises 2.0%, Sembcorp Industries adds 1.1%, and Jardine Matheson Holdings is up 0.8%. Meanwhile, Wilmar International falls 0.9%, Mapletree Logistics Trust loses 0.8%, and Singapore Exchange is down 0.7%. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 18, 2025 20:14 ET (01:14 GMT)

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Among the best performers on the benchmark index, Genting Singapore rises 2.0%, Sembcorp Industries adds 1.1%, and Jardine Matheson Holdings is up 0.8%. Meanwhile, Wilmar International falls 0.9%, Mapletree Logistics Trust loses 0.8%, and Singapore Exchange is down 0.7%. 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