Singapore shares began the day trading in positive territory as overseas markets closed a holiday-shortened week mixed with anticipation for the incoming Donald Trump administration.
In early trade, the Straits Times Index (STI) was up 0.5 per cent at 3,819.13 points after 58.5 million securities changed hands in the broader market.
In terms of companies to watch, we have Mapletree Logistics Trust after the REIT’s manager said it is divesting a property in Malaysia for RM31.5 million (S$9.6 million) or 31.3 per cent above value.
Elsewhere, from interest in the Johor-Singapore Special Economic Zone to Asian currencies falling to a two decade low against the US dollar, more local and international headlines remain in focus.
Also on deck, what to expect ahead of the release of November's US JOLTS jobs report tomorrow night. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.
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