Latest / Your Way Home with Hongbin Jeong
Market View: US initial jobless claims down, Nvidia down 3.54% gives up world’s most valuable company title to Microsoft; Keppel Reit prices A$175m green notes; Paragon Reit’s disposal of The Rail Mall; Guzman Y Gomez’s stellar IPO on ASX and more
Singapore equities began trading in positive territory today, mirroring overnight gains in Europe. In the morning, the Straits Times Index (STI) opened 0.2 per cent higher at 3,305.42 points after 35.4 million securities changed hands. In terms of companies to watch today, we have Keppel Reit, after the real estate investment trust priced A$175 million (S$158 million) of floating rate green notes due 2027. Meanwhile, from Yoma Strategic’s shares hitting a 16-month high, to SingPost appointing Merrill Lynch Markets Australia as a financial advisor to its board – more corporate headlines remain…
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