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New listings on SGX may reinforce positive sentiment

NTT DC Reit could help draw global capital to the Singapore market, while the listing of Lum Chang’s interior fit-outs unit might encourage more value-unlocking initiatives

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Ben Paul

Ben Paul

Published Mon, Jun 30, 2025 · 05:00 AM
    • The STI is up 4.7 per cent since the beginning of the year, and 16.9 per cent above its Apr 9 low.
    • The STI is up 4.7 per cent since the beginning of the year, and 16.9 per cent above its Apr 9 low. PHOTO: BT FILE

    [SINGAPORE] Markets around the world are poised to end the first half of 2025 on a bullish note this week.

    On Friday (Jun 27), the S&P 500, Stoxx Europe 600, Nikkei 225 and Hang Seng indices were in positive territory on a year-to-date basis, and as much as 29 per cent above the lows to which they slumped in April amid the “Liberation Day” sell-off.

    This seems remarkable in light of the looming Jul 9 deadline for nations around the world to hammer out trade deals with the United States in order to escape its crippling “reciprocal tariffs”, not to mention the recent heightened turmoil in the Middle East.

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