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Billionaire Gautam Adani Saw Its Fortune Back Above The US$100 Billion Level Again After A Year. Back With A Vengeance After All These Woes? (Money FM)
Feb 8, 2024
Singapore stocks opened lower today, bucking the global trend on a day which saw gains for stock markets worldwide.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,260.09 points after 104.4 million securities changed hands in the broader market.
In terms of companies to watch, we have Digital Core Real Estate Investment Trust.
The Reit issued 192 million new units at an issue price of US$0.625 per unit to raise gross proceeds of US$120 million today, following the private placement proposal the day before.
Elsewhere, from more earnings out of the US to China’s consumer prices falling at the fastest pace since the global financial crisis last month – more corporate and international headlines are in focus.
Also in store – how billionaire Gautam Adani took a year to return to the US$100 billion club of people.