Latest / Your Way Home with Hongbin Jeong
Market View: Singapore’s Jan industrial production; Seatrium, Great Eastern’s and Raffles Medical’s earnings; DBS and Sheng Siong’s to engage SMEs; Ant Group vs Citadel Securities for Credit Suisse’s investment bank venture in China; Mark Zuckerberg’s Asia tour
Singapore shares fell at market open today, led by declines from local banks. In early trade, the Straits Times Index (STI) fell 0.5 per cent to 3168.08 points after 80.5 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after the group today reported a wider second-half net loss of S$1.7 billion compared to a net loss of S$118.3 million in the same period last year. Elsewhere, from more on Singapore’s January factory output numbers to DBS and Sheng Siong working to engage up to 1,000 SMEs in a sustainability tie up – more local…
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