Market View: Santa Claus rally sets in with S&P 500 index logging record close; US Q3 GDP grows at 4.3% yoy, topping expectations; Looking ahead to 2026; Asia’s performance for 2025; Manulife US Reit to watch

Singapore shares dipped in a shortened trading session today as investors looked ahead to the Christmas Day holiday. The Straits Times Index was down 0.16% at 4,631.39 points at 10.59am Singapore time, with a value turnover of S$279.02M seen in the broader market. In terms of counters to watch, we have Manulife US Real Estate Investment Trust.  That’s after the Reit’s manager posted an update today that the master restructuring agreement concessions, which include an extension of its asset disposal deadline and temporary relaxation of its financial covenants from Dec 31, 2025, to Jun 30 next year, have been granted.  Elsewhere, from how the US economy expanded at a much faster-than-expected clip in the third quarter, to the elusive Santa Claus rally setting in, more economic and international headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeffrey Yap, Regional Head of Wealth Management, Hong Leong Bank.See omnystudio.com/listener for privacy information.