Daily Markets Briefing: STI down 0.19%

Ongoing US-China trade negotiations may boost local sentiment.

The Straits Times Index (STI) ended 6.17 or 0.19% lower at 3,259.80.

The top active stocks were DBS, which dropped 0.4%,OCBC, which dipped 0.6%, Singtel, which remained unchanged, UOB, which slipped 0.27%, and CapitaLand with a 1.5% advance.

The FTSE Mid Cap dipped 0.36% whilst the FTSE Small Cap slipped 0.11%.

According to OCBC Investment Research (OIR), US stocks closed higher Tuesday as another round of US-China trade talks began in Washington.

Nine out of eleven S&P 500 industries ended higher, led by Materials (0.58%) and Utilities (0.54%). Health Care (-0.25%) and Industrials (-0.07%) lost ground.

"US-China trade talks remain the front and center of investors’ minds, with the optimism that the two sides can continue to make progress towards a deal," OIR 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