Market View: US, China set up framework towards trade pact after London talks, Asian market reactions; Qantas shutting down Jetstar Asia; Tesla tentatively planning to offer rides on self-driving robotaxis to the public from 22nd June; Koh Brothers Eco En

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares fell today even as traders mull cooling trade tensions between the US and China.

The Straits Times Index was down 0.53% at 3,913.01 points at 2.45pm Singapore time, with a value turnover of S$726.63M seen in the broader market.

In terms of companies to watch, we have Koh Brothers Eco Engineering, after a joint venture between Japanese firm Penta-Ocean Construction and a subsidiary of Koh Brothers Eco Engineering bagged a S$999 million contract for the construction of intra-terminal tunnels at Changi Airport’s upcoming Terminal 5.

Elsewhere, from the US and China setting up a framework towards a trade pact after two days of high profile talks in London, to Qantas shutting down the operations of its Singapore-based unit Jetstar Asia, more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Abhilash Narayan, Investment Strategist, HSBC Global Private Banking and Premier Wealth.

See omnystudio.com/listener for privacy information.