Latest / Your Way Home with Hongbin Jeong
Market View: Shares of Qualcomm, Arm fell steeply on memory shortage concerns; Alphabet’s versus AMD’s results; Baidu approves US$5 billion share buyback, plans to issue first dividend; Nvidia’s possible AI chip sale to ByteDance; Keppel, SGX to watch
Singapore shares dipped today, in line with regional movements. The Straits Times Index was down 0.24% at 4,953.78 points at 11.54am Singapore time, with a value turnover of S$858.58M seen in the broader market. In terms of counters to watch, we have Keppel, after the asset manager’s net profit rose 27.2 per cent to S$645.4 million for the second half ended December, from S$507.5 million the year before. Elsewhere, from how shares of Qualcomm and Arm Holdings fell steeply after the semiconductor companies delivered quarterly reports, to how the Trump administration is reportedly willing…
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