Market View: US trade probe into 16 major economies; MTI disputes US trade surplus claim; Oil heads for weekly gains despite US sanctions waiver on Russian oil; Alibaba debuts OpenClaw app; 15 SGX stocks that gained over 5% as the market slumped; ST Engineering to watch

Singapore shares were little moved today as investors’ focus remained squarely on the ongoing conflict in the Middle East.  The Straits Times Index hovered 0.03% above the flatline at 4,856.64 points at 1.16pm Singapore time, with a value turnover of S$791.71M seen in the broader market. In terms of counters to watch, we have ST Engineering, given how the company’s urban solutions business will be deploying a suite of intelligent transport systems solutions for Singapore’s Land Transport Authority.  Elsewhere, from how the US tried to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and petroleum products stranded at sea, to how Alibaba Group Holding launched a dedicated mobile app claiming to help users install and deploy OpenClaw within minutes – more international and corporate headlines remained in focus.  On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.See omnystudio.com/listener for privacy information.