Latest / Your Way Home with Hongbin Jeong
Market View: S-Reits’ distribution figures; US beige book of economic conditions; More Fed officials to speak; Hong Kong’s interbank liquidity at its lowest since the GFC and impact on banks
Singapore shares rose today following an upbeat session on the European market. The Straits Times Index was up 0.1 per cent to 3,311.43 points in early trade after 53 million securities changed hands in the broader market. In terms of companies to watch, Reits continue to be in focus this week as well with Keppel DC Reit, Keppel Pacific Oak US Reit among those posting their distribution numbers. Globally, investors now shift their focus away from US banks to the Fed’s next moves after recent bank earnings soothed concerns about the sector. With a number of Fed officials set to speak this week…
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