Market View: China’s two sessions - Premier Li Qiang announces around 5% GDP growth target for 2025; Trump’s address to Congress, calls for end to US$52B semiconductor subsidy programme, comments on D

Singapore stocks were higher today as investors continue to digest global developments ranging from US President Donald Trump’s address to Congress to China’s latest GDP growth target of around 5 per cent for 2025. The Straits Times Index was up 0.29% at 3,901.88 points at about 2.20pm, with a value turnover of S$754.86M in the broader market. In terms of companies to watch, we have the Singapore Exchange, after the bourse operator launched its second batch of Hong Kong Singapore Depository Receipts (SDRs) today, in partnership with Phillip Securities.  Elsewhere, from China maintaining its 2025 GDP growth target at about 5 per cent for the third consecutive year to what to watch out of US President Donald Trump’s address to Congress, more international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.