Singapore shares may rise on Tuesday after both Tokyo and Seoul bourses opened higher, with investors likely to keep a close eye on trade data from China, the world’s second-largest economy.
Singapore’s benchmark Straits Times Index fell 0.9% on Monday to 2,960.10 points. Here are some stocks and factors to watch:
Singapore Technologies Engineering may be in focus after announcing its marine arm had won a contract worth about $880 million to design and build four patrol vessels for Oman’s navy.
Global Logistic Properties said on Monday it had seen strong leasing demand for its facilities, with newly signed leasing agreements totalling 52,600 square metres (sqm) in Shanghai and 16,000 sqm in Ningbo, China.
Singapore Exchange said on Monday it is consulting the public on proposed rule changes to improve the regulatory framework for direct access to its securities market, in preparation for the Asean Trading Link.
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