Higher Open Tipped For Singapore Shares

Singaporean equities are poised for a higher open on Tuesday after a three-session slide, with the Straits Times Index trading just above the 4,960 level at 4,963.67, down 86.29 points or 1.71% as traders watched a wide range of movers. CapitaLand Ascendas REIT slipped 0.40%, CapitaLand Investment and Mapletree Pan Asia Commercial Trust eased about 0.8%, while DBS Group dropped 1.60% and Oversea-Chinese Banking Corporation fell 2.26%. The broader mood mirrors a cautious global tone, yet Wall Street showed resilience, and the Nasdaq advanced to support a potential recovery. Investors also monitor energy and technology sectors for signals of a rebound, with attention on large-cap names like CapitaLand, Singtel, Wilmar, and Yangzijiang Shipbuilding, which have displayed varied responses amid the volatility.