Latest / Your Way Home with Hongbin Jeong
Market View: Markets rally ahead of Trump’s inauguration; TikTok starts restoring service in the US after Trump’s assurance; Possible Executive Orders by Trump that could move markets and meme coin $Trump; Outlook for SGX-listed marine stocks; CDL, Frasers Property counters to watch
Singapore shares began trading in negative territory today even as markets abroad finished Friday higher ahead of Donald Trump’s inauguration. In early trade, the Straits Times Index (STI) was down 0.3 per cent at 3,799.97 points after 25.4 million securities changed hands in the broader market. In terms of companies to watch, we have Frasers Property alongside City Developments Limited because the property developers and Sekisui have sold 668 units at The Orie, or around 86 per cent of units put up for sale, over its launch weekend at an average price of S$2,704 per square foot…
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