Latest / Your Way Home with Hongbin Jeong
Market View: Impact of US-Russia talks on Ukraine war, disappointing Walmart results on equities, gold; Seatrium registers first full-year profit; Hong Kong gains on Alibaba’s 11% surge; Bubble tea chain Mixue to raise HK$3.45 billion in HK IPO; Standard Chartered’s earnings
Singapore stocks opened nearly flat this morning as global markets recorded declines overnight. In early trade, the Straits Times Index (STI) fell 0.02 per cent to 3,926.83 points after 64.7 million securities changed hands in the broader market. In terms of counters to watch today, we have Seatrium after the offshore and marine specialist swung into the black with a net profit of S$120.9 million for the second half ended December to mark its first full-year profit on record. Elsewhere, from what high-level discussions between Washington and Moscow on the war in Ukraine mean for investors, to…
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