Latest / Your Way Home with Hongbin Jeong
Market View: US$38 trillion gap between US and China stocks; India’s stock market overtakes Hong Kong for the first time; BOJ holds negative rates; Singapore’s headline inflation for 2023 at 4.8% yoy; Frasers Centrepoint Trust, S-Reits outlook; Cordlife, Seatrium
Singapore shares climbed at market open today after global equities ended higher overnight. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,154.90 points after 63 million securities changed hands in the broader market. In terms of companies to watch for today, Frasers Centrepoint Trust (J69U): The committed occupancy of the trust’s retail portfolio was 99.9 per cent for the first quarter ended Dec 31, 2023. Elsewhere, from Singapore’s inflation numbers for 2023 to the Bank of Japan holding its monetary policy settings, more regional and international headlines are in…
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