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Latest / Your Way Home with Hongbin Jeong

Market View: Nvidia’s CEO Jensen Huang expected to miss Trump’s inauguration; China’s economy grew 5% for full-year 2024, Asia market reaction; Singapore’s December NODX up 9% yoy; CDL achieves total divestments of over S$600M in 2024; Mapletree Logistics Trust to divest property for S$11.2M

Singapore shares started trading in negative territory today, tracking overnight losses in US markets. The Straits Times Index (STI) opened 0.2 per cent lower at 3,793.46 points after 17.4 million securities changed hands in the broader market. In terms of companies to watch today, we have City Developments Limited, after the real estate company achieved total divestments of more than S$600 million in 2024 as part of its capital recycling initiative. Elsewhere, from Asian markets’ reaction to China’s 2024 economic growth numbers, to how Nvidia CEO Jensen Huang is set to miss the…

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