Latest / Your Way Home with Hongbin Jeong
Market View: S&P, NASDAQ at all time high on AI optimism; Great Eastern’s minority shareholders’ proposal; Olam Group acquires feed supplier; Japan’s Nikkei surpasses 40,000 for the first time; China skips premier’s NPC briefing; Elon Musk sues Sam Altman, OpenAI
Singapore stocks were pulled into positive territory today after global equities ended the previous week with record gains. In early trade, the Straits Times Index (STI) was up 0.3 per cent at 3,145.39 points after 34.8 million securities changed hands in the broader market. In terms of companies to watch, we have Great Eastern and OCBC. That’s with a group of Great Eastern’s minority shareholders proposing to withhold directors’ fees, to change the share option schemes of employees, and to appoint an independent financial adviser. Elsewhere from China’s Premier Li Qiang being the first…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.