Latest / Your Way Home with Hongbin Jeong
Market View: Big miss on US nonfarm payrolls; Apple’s event on 9 Sep, reportedly used Arm chips in new iPhones; Global tech selloff; SGX securities turnover up 22% in Aug; Digital Core Reit proposes to up stake in data centre in Germany and more
Singapore equities began the day in the negative territory, as global stocks ended lower last week. In early trade, the Straits Times Index (STI) dipped 0.2 per cent to 3,448.55 points, after 32.4 million securities changed hands in the broader market. In terms of companies to watch, we have the Singapore Exchange.That’s as the bourse’s total securities market turnover in August rose 22 per cent on the year to S$28.8 billion. Elsewhere from the impact of a big miss in August nonfarm payrolls and a disappointing revenue forecast out of Broadcom, to Apple reportedly using Arm’s chips for its…
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