Market View: Tesla’s earnings miss – what’s next for other Magnificent 7 players?; Crude prices up… (Money FM)

Market View: Tesla’s earnings miss – what’s next for other Magnificent 7 players?; Crude prices up as Trump threatens Russian giants, Asian markets mixed; Singapore’s core inflation inches up to 0.4% yoy in September; Chagee’s premium positioning amid competition; Sabana Reit, Singtel to watch

Singapore shares nudged higher today as Asian markets traded mixed.

The Straits Times Index was up 0.09% at 4,397.93 points at 11.56am Singapore time, with a value turnover of S$474.69M seen in the broader market.

In terms of counters to watch, we have Sabana Reit, after it posted a 38.4 per cent rise in income available for DPU to S$0.0101 (1.01 Singapore cents) for its third quarter ended Sep 30.

Elsewhere, from how both Singapore’s core and headline inflation rose more than expected in September, to how Tesla’s profit plunged more than expected – more economic and corporate headlines remained in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.