Capital Markets & Currencies

Europe: Stoxx 600 hits record after US Supreme Court strikes down Trump tariffs

[BENGALURU] Europe’s Stoxx 600 closed at a record on Friday (Feb 20) after investors welcomed the US Supreme Court ruling that struck down President Donald Trump’s sweeping tariffs.

Traders see just over a 50 per cent chance the Fed will cut interest rates by its June policy meeting.

Wall Street ends higher after Supreme Court rules against Trump tariffs

Thousands of companies around the world have filed lawsuits challenging Trump’s sweeping tariffs

The iEdge Singapore Next 50 Index gained 0.7% or 10.48 points to 1,521.21.

Singapore stocks rise amid mixed regional showing; STI up 0.3%

Across the broader market, losers beat gainers 304 to 280 after 1.4 billion securities worth S$2 billion change hands

OUB Centre holds an 81.54% interest in One Raffles Place and UOB holds the remaining 18.46% interest in the property.

OUE Reit, UOB gauging market interest for One Raffles Place as part of asset strategy

There is ‘no assurance that any binding agreement or any transaction will materialise’, says the Reit’s manager

Regulators are now scrambling to restore credibility, boost liquidity and reassure global investors that the market remains accessible.

Indonesia sees US$11 billion in share sales for free-float aim

Indonesian authorities have pledged to satisfy MSCI’s concerns by March

SIA Engineering posts a net profit of S$41.9 million for Q3.

Stocks to watch: SIAEC, Sri Trang Gloves, United Hampshire US Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 20):

The Stoxx 600 closed 0.5 per cent lower at 625.33 points on Thursday, retreating sharply from a record close on Wednesday

European stocks retreat from record highs as investors assess mixed earnings

EUROPEAN shares slipped on Thursday, with miners and utilities leading the sectoral decliners, as investors sifted through a mixed bag of earnings from the likes of Airbus, Rio Tinto and Nestle.

All three major US indices closed lower on Thursday.

US stocks: Wall Street ends down as Nvidia slides and private equity stocks sink

WALL Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in industrials limited losses.