Latest / Your Way Home with Hongbin Jeong
Market View: Seatrium hotly traded amid “Operation Car Wash” investigations; ST Engineering on S$100m order wins; Hong Kong to end practice of shutting markets during typhoons; Foxconn reaches NT$200 share price goal; Bitcoin slid to one-month low and more
Singapore stocks opened stronger following overnight gains on global markets. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,303.77 points after 41.8 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium, after the company said yesterday that it had been informed that the Monetary Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the company and/or its officers. Elsewhere, from Hong Kong ending its decades-long practice of shutting its…
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