Latest / Your Way Home with Hongbin Jeong
Market View: Markets ahead of Powell’s speech; Nvidia, Apple, Microsoft, Roaring Kitty vs Chewy; HK-listed Chinese property firm surges; Samsung workers to strike; UMS acquires 2.2 hectares land in Penang; Oiltek International’s subsidiary bags new contracts
Singapore shares were pulled into positive territory today, tracking overnight gains in US and Europe markets. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,344.94 points after 44.1 million securities changed hands in the broader market. In terms of companies to watch, we have UMS, after the semiconductor company acquired 2.2 hectares or about 235,000 square feet of leasehold industrial land in Penang, Malaysia, for RM15.2 million (S$4.5 million). Elsewhere from more on how Hong Kong-listed Chinese property companies surged today to a rebound for tech titans Apple…
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