Daily Markets Briefing: STI up 0.22%

Trade relations continue to weigh down investor sentiment.

The Straits Times Index (STI) ended 7.46 points or 0.22% higher to 3449.96, taking the year-to-date performance to +1.38%.

The top active stocks were DBS, which gained 0.51%, Hongkong Land USD, which declined 0.43%, UOB, which gained 1.02%, Singtel, which declined 0.59%, and OCBC Bank, with a 0.31% advance.

The FTSE ST Mid Cap Index gained 0.06%, whilst the FTSE ST Small Cap Index rose 0.26%.

According to OCBC Investment Research, US stocks pared most of the day’s gains in the final minutes of trading, closing only slightly higher Monday following news reports that the Federal Bureau of Investigation raided the office of Michael Cohen, President Donald Trump’s personal lawyer.

Six out of eleven S&P 500 industries ended higher, led by Health Care (0.93%) and Information Technology (0.78%) while Telecommunication Services (-1.17%) and Industrials (-0.34%) led the declines.

"Despite the recovery on Wall Street overnight, we expect the local sentiment to remain cautious today as trade relations remain in focus," OCBC said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia