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Market View: US PPI numbers on STI movements; PBOC adds 191b yuan into the financial system; ECB hikes rates by 25bps to record 4%; Walt Disney reportedly held exploratory discussions to sell TV network ABC
Singapore stocks rose at the open today, tracking global markets that finished higher overnight. In early trade, the Straits Times Index (STI) climbed 0.5 per cent to 3,266.08 points after 36.4 million securities changed hands in the broader market. In terms of companies to watch today, we have LHN after the real estate management services group yesterday provided an update of its business segments. Meanwhile, from more on the Chinese PBOC adding more cash into the economy to the latest European Central Bank rate decision, and to Walt Disney holding discussions to sell its US TV network ABC…
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