Market View: Birkenstock’s US IPO and first day performance; Olitek bags new contracts; Centurion on retrofitting 5 purpose-built dorms; Creative Technologies on pre-tax losses for 3 consecutive years; OpenAI plans to introduce major updates; US September CPI

Your Way Home with Hongbin Jeong · Oct 12, 2023 · 12m

Singapore stocks opened stronger today following overnight gains in global markets, ahead of the release of US key consumer inflation data. In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,207.51 points after 44.2 million securities changed hands in the broader market. In terms of companies to watch, we have Centurion, after the dormitory operator said yesterday that it will retrofit its five purpose-built dorms so that they meet the requirements under the Ministry of Manpower’s Dormitory Transition Scheme. Elsewhere, from shoemaker Birkenstock’s trading debut on the New…