Market View: Singtel on Optus securing spectrum lots; Singapore’s inflation edges up to 4.7% yoy in October; Thai Beverage’s net profit down 9%; Oil extends losses after delay in Opec’s key policy meeting; More on the (supposedly) backstory behind OpenAI CEO Sam Altman’s earlier ouster

Your Way Home with Hongbin Jeong · Nov 23, 2023 · 13m

Singapore stocks opened weaker today, led by declines in banks and other index counters. In early trade, the Straits Times Index (STI) headed down 0.4 per cent to 3,102.49 points after 34.1 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel. That’s as its Australian unit Optus has secured four spectrum lots for A$33.5 million (S$29.4 million) in total, in the latest government spectrum auction. Meanwhile from more on Singapore’s inflation numbers to concerns over oil supply, more local and international headlines remain in focus. Also on…