Latest / Your Way Home with Hongbin Jeong
Market View: Blockbuster US jobs report; Hotel Properties Limited and Lum Chang; Qian Hu reaches seven-year high on leadership change; Samsung Electronics’ profit expectations; Layoffs at Samsung, Dyson; Seven & i reportedly strengthening its hand in takeover battle; Oil prices and more
Singapore stocks began the day trading in positive territory, mirroring weekend gains in overseas markets. In early trade, the Straits Times Index (STI) rose 0.6 per cent to 3,609.72 points after 39.5 million securities changed hands in the broader market. In terms of companies to watch, we have ornamental fish service provider Qian Hu. Shares of Qian Hu rose to reach a seven-year high today after the company announced last week that its executive chairman Kenny Yap will retire at the end of the year. Elsewhere from more on Hotel Properties Limited and Lum Chang to how shares of Seven and i…
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