Latest / Your Way Home with Hongbin Jeong
Market View: Nvidia criticised new chip export restrictions; Expectations on US nonfarm payrolls; Shares of Bloks Group soars 82% in HK IPO; DBS retreats from record high, trio of banks down; Sats, SGX and more
Singapore equities began the day in negative territory, with the benchmark index retreating further by the midday break, driven by losses in banking stocks. As at noon, the Straits Times Index (STI) was down 1.7 per cent at 3,795.3 points after 419.9 million securities changed hands in the broader market. In terms of companies to watch today, we have Sats given how the company and its wholly owned subsidiary Worldwide Flight Services (WFS) clinched 14 new cargo and ground-handling contracts from Air India in major airports around the world. Elsewhere from Nvidia slamming new US chip export…
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