Market View: Singapore’s GDP up 0.7% yoy in Q3; MAS’ decision to keep monetary policy settings unchanged; Keppel Corp acquires properties in Australia; Didi Global reportedly aiming to list on HK stock exchange; Forecast topping Sep US CPI data

Your Way Home with Hongbin Jeong · Oct 13, 2023 · 11m

Singapore shares opened lower today following news that the country’s economy grew 0.7 per cent on year for the third quarter of 2023. In early trade, the Straits Times Index (STI) was down 0.7 per cent to 3,195.22 points after 34.6 million securities changed hands in the broader market. In terms of companies to watch today, we have Keppel Corporation. This comes as its private fund is acquiring two properties in Australia for A$198 million (S$175 million). The group said yesterday that it intends to lease out the properties to educational institutions. Meanwhile, the Monetary Authority of…