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Market View: US Oct inflation; Foxconn earnings; Comments from Fed officials; Jardine C&C, StarHub earnings; Brokerages reported surge in trading activity among SG investors (Money FM)
Nov 14, 2024
Singapore stocks were pulled into negative territory today after global equities ended mixed overnight.
In early trade, the Straits Times Index (STI) slid 0.3 per cent to 3,707.72 points after 80.6 million securities changed hands in the broader market.
In terms of companies to watch, we have Jardine Cycle and Carriage, after the investment holding company announced yesterday that earnings for the first nine months of the year were down slightly year on year.
Elsewhere, from how trading activity in Singapore surged on the back of a Trump-win at last week’s US presidential elections, to how Amazon.com yesterday launched an online storefront designed to compete with Temu, more local and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.