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Latest / Your Way Home with Hongbin Jeong

Market View: US August core CPI up 0.3% m-o-m as expected, markets extend record highs; SGX to launch index tracking non-STI constituents; SK Hynix’s shares up 5.9% to record on AI memory milestone; CapitaLand Commercial C-Reit’s public offer 535 times subscribed; Meituan launches new AI agent app; Hong Leong Group, Yangzijiang Financial to watch

Singapore shares dipped today despite a broadly positive day in the region. The Straits Times Index fell 0.2% to 4,347.25 points at 2.25pm Singapore time, with a value turnover of S$836.62M seen in the broader market. In terms of counters to watch, we have CapitaLand Investment and CapitaLand China Trust. That’s after CapitaLand Investment said today that CapitaLand Commercial C-Reit’s public offer was 535.2 times subscribed. Meanwhile, from what an in-line inflation print out of the US means for investors to how the Singapore Exchange will launch an index that tracks listed…

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