Latest / Your Way Home with Hongbin Jeong
Market View: NASDAQ, S&P 500 hit records on Friday; US nonfarm payrolls for June; CapitaLand India Trust on Fitch BBB- rating; SIA and Garuda Indonesia on JV agreement; Million-dollar HDB flats; TSMC rose to intraday record high in Taipei; Euro slips on snap French elections
Singapore shares edged lower at the opening bell today, maintaining a downtrend from Friday’s closing in the prior week. In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,405.04 points after 35 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand India Trust. That’s as CapitaLand India Trust announced today that Fitch Ratings has assigned it a first-time long-term issuer default rating of “BBB-” amid a stable outlook. Elsewhere, from TSMC shares soaring to a record intraday high in Taipei to market reactions to the…
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